Private Equity
Germany’s ProSiebenSat.1 (PSMGn.DE) has attracted bids from private equity firms for a stake in its ecommerce portfolio as it seeks cash to finance a shift away from its television advertising business, sources told Reuters.
3 min read · 16 November 2017
Kari Stadigh, the chief executive of Nordic financial holding company Sampo (SAMPO.HE), has signed up as one of the largest investors in software company Efecte, which on Wednesday announced its plans for initial public offering, Reuters reported.
1 min read · 15 November 2017
Varo Energy BV’s owners, U.S. private equity firm Carlyle Group (CG.O) and commodities trader Vitol, are looking at an initial public offering next year that could value the European oil refiner at about $2 billion, the Wall Street Journal reported on Wednesday.
1 min read · 15 November 2017
Cerberus has taken a 3 percent stake in Deutsche Bank (DBKGn.DE), Germany’s flagship lender said on Wednesday, making the U.S. buyout fund the fourth-largest shareholder after China’s HNA group, Qatar and money manager Blackrock (BLK.N).
2 min read · 15 November 2017
Airbus (AIR.PA) landed a deal for a record 430 of its A320neo-family jets on Wednesday as U.S. investor Bill Franke raised his bet on budget airlines, Reuters reported.
2 min read · 15 November 2017
Poshmark has raised $87.5 million in a funding round led by Singapore’s state investor Temasek Holdings , the online fashion retailer said on Tuesday, positioning the startup for overseas expansion in Europe and Asia, Reuters reported.
2 min read · 15 November 2017
France’s Sodexo (EXHO.PA) is buying Centerplate, a U.S. company that provides food and hospitality services at sports, convention and entertainment venues, for $675 million in cash to raise its profile in the U.S. sports and leisure market, Reuters reported.
2 min read · 15 November 2017
Connecticut’s highest court is set to hear arguments on Tuesday in a closely watched case brought by the families of the victims of the 2012 Sandy Hook Elementary School shooting against the maker of the assault rifle used by the killer, Reuters reported.
2 min read · 14 November 2017
Restaurant chain Buffalo Wild Wings Inc (BWLD.O) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.
1 min read · 14 November 2017
British car insurance underwriter Sabre will seek to raise around 213 million pounds ($279.22 million) in an initial public offering in London next month, the company said on Monday.
1 min read · 13 November 2017
