Triton prepares sale of damage restoration services firm Polygon

Triton prepares sale of damage restoration services firm Polygon

Buyout group Triton is preparing the sale of its damage restoration services firm Polygon in a deal worth up to 1 billion euros ($1.21 billion), people close to the matter said. The private equity group is working with Jefferies on the potential divestiture, which is...
Mytheresa IPO Pops As Trading Begins For Luxury E-Commerce Retailer

Mytheresa IPO Pops As Trading Begins For Luxury E-Commerce Retailer

The fast-growing e-commerce business was the subject of a costly fight between Neiman, its private equity owners and its creditors that started with the 2018 spinoff and continued into the company’s bankruptcy last year. The initial public offering far exceeded the $1...
HitecVision announces exclusive talks to buy Exxon’s UK assets

HitecVision announces exclusive talks to buy Exxon’s UK assets

Private equity fund HitecVision and its British unit Neo have entered exclusive negotiations to buy Exxon’s upstream assets in the central and northern North Sea, Hitec said on Thursday. Bids for ExxonMobil’s British North Sea oil and gas fields, which were expected...
CDC Group to invest $1bn in Africa this year

CDC Group to invest $1bn in Africa this year

UK-based CDC Group, a development finance and impact investor, has committed to making over $1bn in investments into Africa this year, the same amount targeted in 2020. The group will put money into financial institutions, infrastructure and climate, services,...