Air Liquide sells hand sanitiser business to private equity group

Air Liquide sells hand sanitiser business to private equity group

EQT Partners in exclusive talks to buy Schülke as it ramps up production during coronavirus pandemic Private equity group EQT Partners is in exclusive talks to buy Air Liquide’s hand sanitiser and disinfectant business, in a roughly €900m deal agreed as the company...
Gateway Partners invests $50 million in Tim Hortons Gulf franchise

Gateway Partners invests $50 million in Tim Hortons Gulf franchise

Dubai-based private equity firm Gateway Partners has acquired a 40% stake in the Gulf franchise of coffee and breakfast chain Tim Hortons, two sources familiar with the matter told Reuters. Gateway Partners, which is led by former Standard Chartered banker Viswanathan...
LBO Deadlines Are Here, Leaving Bankers on the Hook for Billions

LBO Deadlines Are Here, Leaving Bankers on the Hook for Billions

Banks that agreed to help finance leveraged buyouts are starting to feel the pain from a freeze in the market for risky corporate debt. Lenders including Morgan Stanley, Bank of Ireland Group Plc and Citizens Financial Group Inc. have been forced to self-fund at least...
Private Equity Firms Are Wasting No Time in Calling Capital

Private Equity Firms Are Wasting No Time in Calling Capital

GPs are playing defense and paying off their subscription lines of credit. Private equity firms are increasingly paying off their subscription lines of credit and calling in commitments from investors, leaving some limited partners worried about liquidity. General...