by Sebastian | Nov 2, 2020 | News
Challenging times often produce breakthrough innovations. We’ve seen this in the airline industry, which went bankrupt after 9/11. Legacy carriers refused to innovate until economic realities forced them to consolidate and change their fee structure. Similarly, from...
by Sebastian | Nov 2, 2020 | News
Private equity firm Stonepeak Infrastructure Partners said on Sunday it would buy Astound Broadband, owner of a network of regional cable TV and internet providers, for $8.1 billion. Stonepeak will buy Astound from TPG Capital and Patriot Media Management, it said in...
by Sebastian | Nov 2, 2020 | News
Nielsen Holdings Plc said it would sell an arm that measures consumer insights for $2.7 billion to private equity firm Advent International. Advent will buy the Global Connect unit along with Jim Peck, the former chief executive officer of the credit reporting company...
by Sebastian | Nov 1, 2020 | News, PPEC
John Grayken, a US private equity entrepreneur, is dubbed “the executioner from Texas” by the German press. In South Korea, his firm, Lone Star, is known as meoktwi — eat-and-run capital. Lone Star is among the buyout giants now circling ailing British firms. Last...
by Sebastian | Nov 1, 2020 | News, PPEC
Poland’s biggest publicly-traded private equity company MCI Capital SA is hoping that the country’s recent record initial public offering, for online selling platform Allegro.eu SA, will be a boon for the flourishing e-commerce industry. The fund seeks to sell a stake...