Italy’s Serie A will on Monday ask its 20 clubs whether they want to kick-off a process to study proposals by private equity firms and banks interested in investing in the top flight soccer league’s media business, a document seen by Reuters showed. The...
Virgin Australia is in talks with banks for a loan of up to $296.4m to pay its private equity owner Bain Capital before the airline’s re-listing planned for later this year, two sources with direct knowledge of the matter said. Australia’s second largest...
Australian funeral services provider InvoCare said on Tuesday it received a non-binding takeover offer from U.S. private equity firm TPG Global for $1.22bn, sending its shares 39.1% higher. Shares of InvoCare soared to A$12.450 and were set to post a record jump after...
BlackRock is starting two private equity funds targeting wealthy individuals in Europe, as the world’s largest asset manager seeks to tap rising appetite for alternatives among the rich. The New York-based group expects to raise about $1.1bn or more for the new...
Gruppo Florence, a hub of Italian clothing manufacturers that supply top luxury brands, has given private equity firm Permira access to its books to facilitate a potential sale, two sources close to the matter said on Monday. Gruppo Florence is working with Bank of... 