Eurazeo sells stake in Farfetch for €90m

Eurazeo sells stake in Farfetch for €90m

Paris-based private equity firm Eurazeo has sold its entire shareholding in the online marketplace company Farfetch. This disposal resulted in net proceeds of €90.4m, corresponding to a multiple of 4.1x cash-on-cash and an internal rate of return (IRR) of around 38%....
Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

A Twitter Inc. board committee reviewing the social network’s leadership and management structure concluded that Chief Executive Officer Jack Dorsey should maintain his role at the helm of the company. The committee was asked to formally review Twitter’s leadership as...
Private-Equity Deals Head for Busy Year-End

Private-Equity Deals Head for Busy Year-End

Private-equity corporations are bracing for a busy year-end, no matter who wins the presidential election. A mix of an overstuffed pipeline of offers placed on maintain due to the Covid-19 pandemic, low rates of interest for borrowing and considerations about...