by Sebastian | Jul 7, 2023 | News
Thermo Fisher Scientific Inc. announced Thursday that it has entered into a definitive agreement to acquire CorEvitas, LLC from Audax Private Equity for $912.5m in cash. Waltham, Massachusetts -based CorEvitas provides regulatory-grade, real-world evidence for...
by Sebastian | Jul 7, 2023 | News
Private equity firm Warburg Pincus is in advanced discussions to acquire Chennai-based medical equipment producer Appasamy Associates, said people aware of the growth. US-based Warburg has signed an exclusivity agreement with Appasamy, and the due diligence has...
by Sebastian | Jul 6, 2023 | News
Authors: Michele Paolo D’Angelo, Partner, Oliver Wyman; Francesco Morino, Associate, Oliver Wyman. The European private equity (PE) market—coming on the heels of a stellar, record-setting year in 2021—experienced a near reversal of fortunes in 2022. European...
by Sebastian | Jul 6, 2023 | News
Blackstone (NYSE:BX) has started the process of selling its controlling stake in South Korean pharmaceutical wholesaler Geo-Young in a deal estimated to be worth up to $1.4B, according to a media report Wednesday. The private equity firm, which in 2019 acquired a 71%...
by Sebastian | Jul 6, 2023 | News
Saudi Arabian private equity firm and hotel owner The Olayan Group has bought the 120-room Mandarin Oriental, Barcelona, from Andorra-based family office Reig Capital Group, according to a news release from JLL. No price tag was disclosed in the July 3 deal, but the...
