Founder takes HK-retailer I.T private in $168 million deal

Founder takes HK-retailer I.T private in $168 million deal

Hong Kong fashion retailer I.T Ltd. agreed to go private in a cash deal worth about HK$1.3 billion ($168 million) with its business decimated by the pandemic and a shift to online retailing. The deal, which is backed by private equity firm CVC Capital Partners, will...
Highland Europe raises 700 million euros for fourth fund

Highland Europe raises 700 million euros for fourth fund

Growth capital group Highland Europe said on Monday it had raised 700 million euros ($851 million) for its fourth fund, its largest to date, and reinforced its team investing in European software and internet startups. The new fund brings the total raised by Highland...