by Sebastian | Nov 11, 2020 | ITPEC, News, NPCD
Norwegian private equity group HitecVision and Italy’s Eni have formed a joint venture to develop renewable energy in the Nordic region, building on their existing cooperation in oil, they said on Wednesday. The Vaargroenn venture, 69.6% owned by Eni, aims to install...
by Sebastian | Nov 11, 2020 | News, UKPEC
Three property companies have laid bare the impact of coronavirus on the UK market, with the pandemic hitting valuations and customer interest. Property companies across the UK have been hit hard by both the virus and the government’s response. Commercial tenants have...
by Sebastian | Nov 11, 2020 | BPEC, News
Private equity group Advent has shortlisted four prospective buyers in the sale of its Dutch medical supplier Mediq, which could fetch more than 1 billion euros (890.8 million pounds), sources close to the matter said. Buyout groups Bain, CD&R, CapVest and Triton...
by Sebastian | Nov 11, 2020 | News
Most of the private equity industry’s favored 2020 political candidates were victorious in last week’s voting, a result reflecting the industry’s financial and political clout. Although control of the Senate isn’t yet decided and is likely to...
by Sebastian | Nov 11, 2020 | News
The fund manager Bill Ackman has placed a large bet that companies around the world will struggle to pay their debts because of the economic hit from the coronavirus pandemic, only eight months after he netted $2.6bn from a near-identical trade. Speaking at a digital...