U.S. private equity firm Advent International has raised a $2 billion fund to invest in Latin American companies, it said on Tuesday, its seventh focused on the region, hoping to target assets made cheaper by depreciation in local currencies. The firm, which has been...
Uber Technologies Inc. is considering a purchase of Daimler AG and BMW AG’s ride-hailing joint venture Free Now, a deal that could boost its market share in Europe and Latin America, people with knowledge of the matter said. Uber expressed interest in a potential...
When the IPO of Allegro, Poland’s biggest ecommerce company, was announced earlier this month it had a lofty valuation attached and some equally lofty hopes — that it would boost the country’s fortunes as a financial centre and help end the “old economy curse”...
Swiss interdealer broker Tradition has poached a team from professional services group Duff & Phelps to build a new private markets business, as it looks to profit from a possible wave of fund restructurings amid tough economic conditions. The Swiss-listed firm...
US chemical company Hexion said it agreed to sell its phenolic specialty resin, hexamine and European-based forest-products resins businesses to investment firm Black Diamond Capital Management and London-based private equity group Investindustrial for about $425m....
