Under Armour is selling MyFitnessPal for less than it paid for in 2015. An analyst at BMO Capital Markets says the company is turning inward and focusing on its core strength. The company (ticker: UAA) said Friday that it struck a $345 million deal with private-equity...
Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets Group in an all-stock deal worth about $10 billion after trumping competition from U.S. firm Global Payments Inc. The deal would transform Nexi, which has a market value of 8.4...
Rugby union has received huge amounts of backing from equity fund CVC in recent years, gaining stakes in domestic competitions in the U.K. and Ireland as well as the Six Nations internationals. In Australia’s National Rugby League (NRL), discussions have already taken...
Inspire Brands Inc will buy Dunkin’ Brands Group Inc for $8.76 billion, the two companies said late on Friday, bringing chains like Arby’s and Dunkin’ Donuts under the same umbrella in one of the largest restaurant deals. Inspire Brands, which owns Arby’s, Buffalo...
Over the past decade, the private equity industry has made an aggressive push into late-stage deals that were once solely carried out by venture capital firms. That trend was on full display in May, when a group co-led by Silver Lake, the Canada Pension Plan...
