Apollo’s Aspen Insurance to Forgo London for $4bn New York IPO

Apollo’s Aspen Insurance to Forgo London for $4bn New York IPO

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...
Kester Capital Eyes £100m Sale of Jollyes

Kester Capital Eyes £100m Sale of Jollyes

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...
Ares Management-Backed London Square Acquired for £230m

Ares Management-Backed London Square Acquired for £230m

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,...
Sycamore Partners Acquires Chico’s FAS for $1bn

Sycamore Partners Acquires Chico’s FAS for $1bn

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...
Hahn & Co. Considers Selling Stake in SK Shipping for $10bn

Hahn & Co. Considers Selling Stake in SK Shipping for $10bn

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...