by Sebastian | Aug 26, 2021 | News
Forbes, a long-standing media publication, announced it plans to go public via a merger with a publicly traded special purpose acquisition company. The company, merging with Magnum Opus Acquisition, is expected to be valued at an implied pro forma enterprise value of...
by Sebastian | Aug 26, 2021 | News
German publisher Axel Springer announced that it plans to acquire digital media site Politico. The companies did not disclose a price for the deal, but a person familiar with the matter said Politico sold for about $1bn. Spokespeople for Axel Springer and Politico did...
by Sebastian | Aug 26, 2021 | News, UKPEC
British asset management services provider Sanne agreed to an about $2bn takeover offer from fund servicer Apex Group. The announcement comes days after Apex tabled a 920 pence per share offer for Sanne, trumping London-based private equity firm Cinven’s...
by Sebastian | Aug 26, 2021 | News
KKR, a leading global investment firm announced the formation of Strategic Lease Partners, a new platform to invest in a diversified portfolio of triple-net lease real estate. KKR’s investment, primarily from its credit and real estate funds, will position the...
by Sebastian | Aug 26, 2021 | News, SEAPEC
Toshiba Corp is in talks with at least four global private equity firms including KKR & Co Inc and Blackstone Inc to seek their ideas for its new strategy, according to three sources with knowledge of the matter. Bain Capital and Canadian investment firm...
