by Sebastian | Jan 26, 2022 | News
Gopuff, the SoftBank Group Corp -backed delivery startup that was valued at about $15bn last year, has tapped banks to lead preparations for a U.S. IPO, people familiar with the matter said on Tuesday. U.S.-based Gopuff, which operates in 1,000 cities in the United...
by Sebastian | Jan 25, 2022 | News
A US private equity firm has reportedly made a £28m bid to buy Derby County out of administration. The news emerged just hours before the Rams fell to a 2-1 defeat to Nottingham Forest at the City Ground amid a deepening crisis that could see the club liquidated if...
by Sebastian | Jan 25, 2022 | News
UniCredit is weighing around five non-binding offers for parts of its leasing operations, two people close to the matter said, as CEO Andrea Orcel focuses on businesses that don’t tie up much capital. The bidders are private equity firms Bain and Christofferson Robb...
by Sebastian | Jan 25, 2022 | News
Swedish e-sports and gaming firm MTG has agreed to sell ESL Gaming to Saudi-backed Savvy Gaming Group at an enterprise value of $1.05bn, it said on Monday. MTG, which owns 91.46% of ESL Gaming, corresponding to $960 million, said it was expecting net proceeds of...
by Sebastian | Jan 25, 2022 | News
In what has to be considered an anticlimactic ending, IBM sold off the data assets of its Watson Health unit to private equity firm Francisco Partners today. The two firms did not share the purchase price, but previous reports pegged the value at around $1bn. Under...
