The proposed $540 million sale of women’s clothing retailer Ann Taylor and related brands to private equity firm Sycamore Partners is facing opposition from the U.S. Department of Justice’s bankruptcy watchdog, which says the sale process is being conducted too...
United Airlines Holdings Inc said on Friday it was seeking shareholder approval for a rights offering as part of a plan to thwart any hostile takeover moves and preserve a $8.2 billion tax benefit. Chicago-based United said it had net federal operating loss...
Private equity firm L Catterton has invested $150 million in Function of Beauty, a maker of customizable hair and body care products that has long been on the radar of Connecticut investors. L Catterton’s “strategic minority investment” will accelerate the...
Thomas H. Lee Partners has bought itself more time to manage an investment in wealth-advisory firm Hightower Advisors LLC through a secondary transaction with investors that include Goldman Sachs Group Inc. The size of the deal ranges between $700 million and $800...
After watching from the sidelines as a boom in the listing of special purpose acquisition companies (SPACs) reshaped U.S. capital markets, Europe is preparing to play catch up next year with around 10 such deals said to already be in the pipeline. SPACs are shell... 