Fanatics acquires Topps trading cards for $500m

Fanatics acquires Topps trading cards for $500m

Michael Rubin’s e-commerce company Fanatics has acquired Topps trading cards, sources close to the deal confirmed to CNBC on Monday night. Terms of the agreement were not available, but industry sources put the deal at roughly $500 million. It will include only Topps’...
Pressure grows on Triton Partners to raise Clinigen offer

Pressure grows on Triton Partners to raise Clinigen offer

The private equity firm behind a £1.2bn bid for Clinigen is under pressure to raise its offer, with Elliott Management understood to be among several hedge funds believing that it undervalues the drugs provider. Triton Investment Management’s 883p-a-share cash offer...
TPG invests $360m in AI tech startup Fractal

TPG invests $360m in AI tech startup Fractal

Artificial intelligence technology startup Fractal said on Wednesday it has received a $360m investment from private equity firm TPG through its Asia focused investment platform. TPG’s involvement in Fractal includes a mix of primary investment and a secondary...