by Sebastian | Jun 9, 2022 | News
Apollo Global Management and Reliance Industries, an Indian conglomerate, have made a binding bid to acquire the high street chemist Boots which values the company at between £5bn and £6bn. The investment group’s offer will allow Boots’ current owner, US retailer...
by Sebastian | Jun 9, 2022 | News
Royal FrieslandCampina NV’s plan to sell its Friso infant nutrition brand is stalling amid valuation concerns, according to people familiar with the matter. The Dutch food group put the divestment process on hold after bids by shortlisted suitors fell short of...
by Sebastian | Jun 8, 2022 | News
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, has closed its WNC Preservation Equity Fund 2, L.P. It achieved its target of $100m and is the second fund...
by Sebastian | Jun 8, 2022 | News
Felix Capital has doubled its funds under management to $1.2bn thanks to a new fund close. The UK venture capital firm has closed its fourth fund on $600m, doubling the size of its predecessor and beating its $500m target after just four months in the market....
by Sebastian | Jun 8, 2022 | News
Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline for an initial public offering yet again. “I’m not sure exactly when that...
