Profitability at Britain’s largest craft brewer fell back last year, despite a 25 per cent rise in sales to £215 million, as its fast growth came at a high price. Brewdog experienced an increase in overheads as it expanded its bar network in Britain and overseas, the...
The owners of the petrol stations business EG Group have raised expensive debt-like financing from sovereign wealth and pension funds, handing them hundreds of millions of pounds in fresh cash that could help fund their buyout of the UK supermarket chain Asda....
US LBM, a leading distributor of specialty building materials in the United States, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under the leadership...
Guitar Center, the country’s biggest musical instrument retailer, is close to completing a prepackaged bankruptcy with backing from a majority of its creditors, a media report says. Guitar Center would join a parade of retailers that have failed during the coronavirus...
CrossInvest (Asia) Pte. is looking to buy money management rivals and strike private equity deals in the fintech space with a goal of boosting assets under management to over $3.5 billion by 2023. Cem Ayhan Azak, who previously worked at Barclays Plc, bought a 95%...
