London-based private equity group Bridgepoint is considering an Initial Public Offering (IPO) of Smyk in Warsaw, a children’s apparel and toy store chain, sources told Reuters.
1 min read · 08 June 2018
Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company.
3 min read · 08 June 2018
IWG Plc (IWG.L) said on Friday that U.S. property investment firm Starwood Capital and British private equity fund TDR Capital will now have until June 29 to make firm offers for the company or walk away.
1 min read · 08 June 2018
Israel-based ride hailing app Gett has raised $80 million in a funding round that values the company at $1.4 billion, it said on Thursday.
1 min read · 07 June 2018
PetSmart Inc, the largest U.S. pet retailer, has hired restructuring advisers to explore ways to trim its debt pile of more than $8 billion as it continues to face falling profits, Reuters reported.
2 min read · 07 June 2018
Mirvac Group (MGR.AX), an Australian diversified landlord and property developer, said on Wednesday it will buy a 50 percent stake in a Sydney property from a Blackstone Group LP-managed fund.
1 min read · 06 June 2018
A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity firm to seek provisional liquidation, sources told Reuters.
3 min read · 06 June 2018
PetSmart Inc, the largest U.S. pet retailer, has hired restructuring advisers to explore ways to trim its debt pile of more than $8 billion as it continues to face falling profits, sources told Reuters.
2 min read · 06 June 2018
Oil and gas producer Devon Energy Corp (DVN.N) said on Wednesday it plans to sell its interests in EnLink Midstream to an affiliate of fund manager Global Infrastructure Partners for $3.13 billion in cash.
1 min read · 06 June 2018
Belgian investor Core Equity has dropped its interest in a takeover of Hema, one of the largest retail chains in the Netherlands, the De Telegraaf newspaper reported on Wednesday.
1 min read · 06 June 2018