German sportswear maker Adidas AG plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help compete with arch-rival Nike Inc. Adidas said on Tuesday it had decided to begin a formal process aimed at divesting...
According to a report in the Financial Times, Chicago’s famed comedy theater Second City is close to a deal that would see it sold to a private equity firm, ZMC, controlled by Strauss Zelnick. No price was disclosed and the paper noted that the deal was not yet done....
Carlyle Group plans to list Japan’s WingArc1st Inc and is set to win approval for a listing as early as Thursday, two sources said, after the U.S. fund twice failed to float the software firm. WingArc1st, which develops and sells business software, including...
Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion. The deal includes a $130...
Blackstone’s credit unit and Starwood Capital Group LLC will provide 1.8 billion pounds ($2.5 billion) in debt financing for the investment firm’s acquisition of a British holiday company, according to a person familiar with the transaction. The two private credit...
