by Sebastian | Nov 17, 2020 | News
Russian ecommerce group Ozon will file paperwork on Tuesday to go public in the US at a valuation of $4.6bn to $5.6bn, according to two people familiar with the plans. Ozon is seeking to raise between $750m and $1bn from the initial public offering on the Nasdaq...
by Sebastian | Nov 17, 2020 | News, UKPEC
KPMG helped a US private equity firm force the insolvency of a UK-listed business to acquire the company without the burden of its £100m pension scheme, according to a case brought against the professional services firm by the accounting regulator. The Financial...
by Sebastian | Nov 17, 2020 | News
Omers Private Equity is weighing options for ERM Group Inc., including a potential sale that could value the sustainability consultancy at as much as $2.5 billion, people familiar with the matter said. The unit of Canada’s Ontario Municipal Employees Retirement System...
by Sebastian | Nov 17, 2020 | News
Taylor Swift’s music catalogue has been sold to private equity group Shamrock Capital for more than $300m, turning a handsome profit — but not for the artist — as the valuation of music rights soars. The transaction drew an immediate rebuke from Ms Swift, who...
by Sebastian | Nov 17, 2020 | News, SEAPEC
Indonesia’s new sovereign wealth fund will offer dedicated industry funds in a bid to drum up $15 billion investment and deepen access to global capital by Southeast Asia’s biggest economy, finance minister Sri Mulyani Indrawati told Reuters. The structure, outlined...