Italy’s TIM sets out alternative to KKR deal

Italy’s TIM sets out alternative to KKR deal

The new boss of Telecom Italia set out the virtues of his standalone plan as an alternative to a takeover approach from KKR but shares in the company plunged on Thursday after a record loss and a gloomy forecast for this year. Newly-appointed CEO Pietro Labriola, who...
Baring, Junlebao Advance in Bidding for $2bn Friso

Baring, Junlebao Advance in Bidding for $2bn Friso

Baring Private Equity Asia and a consortium comprising Junlebao Dairy and Sequoia Capital China are among the shortlisted bidders for Royal FrieslandCampina NV’s infant nutrition brand, according to people familiar with the matter. Potential suitors for Friso also...
Thoma Bravo invests into UserZoom at $800m valuation

Thoma Bravo invests into UserZoom at $800m valuation

Thoma Bravo has invested into digital user experience company UserZoom at a valuation of $800m. UserZoom offers participant recruitment engines and other professional services that provide in-depth quantitative and qualitative insights for testing, measuring and...