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%...
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...
When it first appeared on the scene around ten years ago, Notion Capital was poised to take advantage of the oft-repeated phrase, “Software is eating the world.” In particular, it was aiming at what was then called the enterprise SaaS space. Several years on, and it’s...
In a move that creates a growing corporate giant in Delaware, the water speciality chemical company Solenis has closed a deal to acquire Diversey, a company that produces a wide variety of cleaning products. The all-cash deal for the publicly traded Diversey was set...
Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP (collectively “Beach Point”), today announced the final closing of Sandstone Peak II Ltd., Beach Point’s second Collateralized Loan Obligation (CLO). The total deal,... 