European private equity firm Investindustrial, China’s sovereign wealth fund China Investment Corporation (CIC) and Italian lender Unicredit have launched a €600m vehicle to invest in Italian mid-market businesses. The new vehicle, the China-Italy Industrial...
EQT has reached the final close of its second real estate fund with a €1bn hard cap, 33% above its initial €750m target. The vehicle, EQT Real Estate II, was launched in 2018 and is over twice the size of its predecessor, wrapped up in 2017 at €420m. It aims to make...
Nexi SpA is already hunting for its next target after agreeing a milestone payments merger with Italian rival SIA SpA, as consolidation in the sector shows little sign of easing. Milan-based Nexi has made a non-binding offer for Denmark-based Nets A/S, according to...
Bristol-Myers Squibb is acquiring the Californian drugmaker MyoKardia for $13.1bn to expand its portfolio of cardiovascular drugs. The New York-based pharmaceutical company said it had agreed to pay $225 a share, a more than 60 per cent premium on MyoKardia’s closing...
Two of the UK’s largest equity crowdfunding platforms, Crowdcube and Seedrs, are to merge, in a move that will accelerate their plans to create the world’s largest private equity marketplace. By joining forces, thousands of ambitious fast-growth businesses and...
