Advent International is in talks to buy a key business unit of the data company Nielsen, in a deal that would value it at about $2.9bn, according to two people familiar with the matter. The US-based private equity group is looking into acquiring Nielsen’s Global...
The UK government has been slammed for letting private equity groups “cash in” on state-backed coronavirus loans. Darren Jones, chair of the House of Commons’ business, energy and industrial strategy committee, said that he had been concerned over the “abuse” of some...
Platinum Equity-owned label maker Multi-Color Corporation has pulled a proposed sale of a risky “payment in kind” note, signalling that the soaring demand from investors for US corporate bonds has its limits. The $500m deal had been seen as one of the most aggressive...
What seems like today’s hottest path to a public listing comes with a lot of baggage. The basic premise of a Special Purpose Acquisition Company (Spac) is that a sponsor raises money in a public offering with the expectation that it will identify a target company for...
Pension funds in the UK are set to increase their investments in renewable energy as the sector draws investors with attractive returns, says a survey of 50 pension fund investors by Pureprofile and real estate investment firm Alpha Real Capital. The survey found that...