by Sebastian | Nov 4, 2020 | FPEC, News
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%....
by Sebastian | Nov 3, 2020 | News
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...
by Sebastian | Nov 3, 2020 | News
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...
by Sebastian | Nov 3, 2020 | News
Crown Holdings Inc., one of the world’s largest designers and manufacturers of packaging products, is considering a sale of its food can business, according to people with knowledge of the matter. The Philadelphia-based company is speaking with advisers about a sale...
by Sebastian | Nov 3, 2020 | News
Canadian bicycle maker Dorel Industries Inc said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million). Shares of Dorel were up 3.5% at C$14.90 in...
