by Sebastian | Nov 11, 2020 | News
Brookfield Asset Management Inc. is embarking on an aggressive move into the secondary market for private assets, the first step in what Chief Executive Officer Bruce Flatt says could become a $50 billion business. The secondary market allows firms like Brookfield to...
by Sebastian | Nov 11, 2020 | News
Reebok Classics are not a good fit for Adidas. Buyout firms are interested in buying the underperforming brand, best known for 80s trainer styles, the Financial Times reported. For an acquirer to make a private equity-style return, however, the German sportswear group...
by Sebastian | Nov 11, 2020 | News
Great Canadian Gaming Corp said on Tuesday that Apollo Global Management would acquire the company for about C$2.16 billion ($1.66 billion) through funds managed by its affiliates. Apollo Global’s offer of C$39 per share is at a premium of about 34.9% as of Tuesday’s...
by Sebastian | Nov 11, 2020 | News
Kuwait’s $124 billion pension fund, which posted a record first-half profit, plans to double its infrastructure investment and boost exposure to private equity, its director general said. The new plan, developed with U.S.-based consultancy Mercer LLC, will start next...
by Sebastian | Nov 11, 2020 | News
Buyout firm Madison Dearborn Partners is considering a sale of Specialty Building Products that could value the business at about $1.1 billion, including debt, according to people familiar with the matter. The Chicago-based private equity firm is working with an...
