Blackstone planning £1.5bn sale of The Office Group

Blackstone planning £1.5bn sale of The Office Group

An uptick in demand for flexible working space has prompted Blackstone Inc to explore a sale of The Office Group, with the private investment firm having held informal talks with advisers over a potential £1.5bn sale of the business. The report cites unnamed city...
Spain’s Monbake Gets Acquired by CVC for Close to €1bn

Spain’s Monbake Gets Acquired by CVC for Close to €1bn

Monbake Group, a frozen baked-goods business in Spain, has been acquired by Luxembourg-based private-equity firm CVC Capital Partners. CVC Capital has purchased Monbake from France-based investment company Ardian and co-investors Alantra, Artá and Landon. Financial...