by Sebastian | Nov 16, 2020 | News
Simon Property Group, the largest shopping centre owner in the US, has reached a revised deal to buy rival Taubman Centers, ending the last big court battle among corporate buyers looking to exit a transaction struck before the coronavirus pandemic hit the country in...
by Sebastian | Nov 16, 2020 | FPEC, ITPEC, News
Italian pharmacy network Hippocrates Holding said on Monday that private equity firm Antin Infrastructure Partners had agreed to take an 80% stake in the company. The pharmacy group short-listed four bidders in October for its network of pharmacies with the aim of...
by Sebastian | Nov 16, 2020 | News, SEAPEC
The owner of Singaporean instant beverage maker Viz Branz Pte agreed to sell a majority stake to the biggest private equity and alternative asset manager in the Middle East. Bahrain-based Investcorp Holdings BSC said Monday that controlling shareholder Ben Chng will...
by Sebastian | Nov 16, 2020 | BPEC, News
Carlyle Group Inc. is weighing new plans to sell Hunkemoller, the Dutch lingerie and swimwear retailer, according to people familiar with the matter. The U.S. private equity firm is working with investment bank JPMorgan Chase & Co. on a potential sale of the...
by Sebastian | Nov 16, 2020 | News, SEAPEC
Walmart Inc. is selling most of Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal that values the supermarket chain at 172.5 billion yen ($1.6 billion), as the U.S. giant retreats from its two-decade attempt to crack Japan’s retail market. Under...
