1. Blank-check billions This summer’s spate of SPAC deals continues: Telehealth startup Hims lined up a $1.6 billion merger this week with a blank-check company backed by Oaktree Capital Management, and indoor farming startup AppHarvest inked a $1 billion SPAC...
UK buyout group Elysian Capital has closed its third fund at £325m hard cap, surpassing the initial £300m target within six months of its launch, according to the firm. In July, the fund held its first close at £270m. Elysian Capital III is also larger than its...
Italian payments providers Nexi and Sia are set to finalise a €15bn merger that will create one of Europe’s largest fintech groups, according to three people involved in the negotiations. The boards of both companies are due to meet on Sunday evening to approve a...
Wilshire Associates said Friday it is being acquired by CC Capital and Motive Partners. Terms of the deal were not disclosed. “The foundations Wilshire has built over the last five decades provide a highly compelling opportunity from which to accelerate growth for its...
When Neiman Marcus filed for bankruptcy protection in May it felt like an American tragedy. The closure of the 113-year-old luxury department store chain had been triggered by lockdowns to control the coronavirus pandemic, leaving its 14,000 workers on furlough. There...
