Private equity firm TDR Capital ups bid for Arrow Global

Private equity firm TDR Capital ups bid for Arrow Global

Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, TDR said on Monday, at a price of 305 pence per share. TDR’s three previous bids for Arrow, which buys defaulted customer accounts from retail banks and...
L Catterton Inches Ahead in $5 Billion Birkenstock Bidding

L Catterton Inches Ahead in $5 Billion Birkenstock Bidding

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is starting to pull ahead in the bidding for iconic German sandal maker Birkenstock, people with knowledge of the matter said. Birkenstock’s owners are currently focusing on negotiations...
Shake Shack Founder Meyer’s SPAC Files for $250 Million IPO

Shake Shack Founder Meyer’s SPAC Files for $250 Million IPO

USHG Acquisition Corp., a blank-check company led by Shake Shack founder Danny Meyer, filed to raise $250 million in an initial public offering. Meyer, who is chairman of the special purpose acquisition company, is chief executive officer of Union Square Hospitality...