Aspen Insurance has chosen New York instead of London for its initial public offering (IPO) worth $4bn, as reported in an article by The Financial Times. According to people who were familiar with the decision, part of the reason were concerns surrounding valuations...
The private equity owner of pet specialist retailer Jollyes is understood to be considering a sale of the business for more than £100m. City sources told The Times that the retailer’s private equity owner, Kester Capital, is working with financial advisors at Houlihan...
Abu Dhabi-based real estate firm, Aldar Properties, said it has bought the developer behind the Nine Elms shopping complex at Battersea Power Station for £230m. The developer, London Square, was founded in 2010 and has a development pipeline worth over £2bn,...
After not finding any better offers, Fort Myers-based retailer Chico’s FAS is moving ahead with a plan to sell itself to a New York-based private equity firm for $1bn. A “go-shop” period to seek better offers has expired and a required waiting period...
South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority stake in SK Shipping Co., including a sale that could value the company at about $10bn including debt, according to people familiar with the matter. Hahn & Co. is working with...