by Sebastian | Nov 11, 2020 | BPEC, News
Private equity group Advent has shortlisted four prospective buyers in the sale of its Dutch medical supplier Mediq, which could fetch more than 1 billion euros (890.8 million pounds), sources close to the matter said. Buyout groups Bain, CD&R, CapVest and Triton...
by Sebastian | Nov 11, 2020 | News
Most of the private equity industry’s favored 2020 political candidates were victorious in last week’s voting, a result reflecting the industry’s financial and political clout. Although control of the Senate isn’t yet decided and is likely to...
by Sebastian | Nov 11, 2020 | News
The fund manager Bill Ackman has placed a large bet that companies around the world will struggle to pay their debts because of the economic hit from the coronavirus pandemic, only eight months after he netted $2.6bn from a near-identical trade. Speaking at a digital...
by Sebastian | Nov 11, 2020 | News
Brookfield Asset Management Inc. is embarking on an aggressive move into the secondary market for private assets, the first step in what Chief Executive Officer Bruce Flatt says could become a $50 billion business. The secondary market allows firms like Brookfield to...
by Sebastian | Nov 11, 2020 | News
Reebok Classics are not a good fit for Adidas. Buyout firms are interested in buying the underperforming brand, best known for 80s trainer styles, the Financial Times reported. For an acquirer to make a private equity-style return, however, the German sportswear group...