PE-backed Caffè Nero has become the latest high street coffee chain to restructure its business after profits were hit by the coronavirus pandemic. The chain, which operates around 700 sites across the UK and 200 overseas, entered a Company Voluntary Arrangement (CVA)...
Ten titans that each oversee more than $5tn will emerge as the asset management industry’s dominant players by the end of the decade as size becomes a critical driver of success for investment companies globally. Only half of the fund industry’s current asset...
Brookfield Asset Management Inc. is launching a reinsurance business and plans to distribute shares in the new entity to its investors in the form of a $500 million special dividend. Bruce Flatt, Brookfield’s chief executive officer, said in a letter to...
BC Partners is set to acquire the Amsterdam-headquartered puzzle book publisher Keesing Media Group from Belgian investment firm Ergon Capital and media company Mediahuis. The firm declined to disclose financial details, but a person familiar with the situation...
Private equity firm Hillhouse Capital Group is in talks to take property developer SOHO China Ltd private, said four people with knowledge of the matter, in a deal that could be worth more than $2 billion and accentuate a trend in Hong Kong. Asia-focused Hillhouse has...
