I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
2 min read · 30 August 2019
Katira, ex-Hamilton Lane principal, gets 22-month prison sentence; Goodman to step down from Blackstone; Hot secondaries market on pace to set another record
2 min read · 30 August 2019
TPG is in talks to buy Coffee Day Global Ltd, owner of chain Cafe Coffee Day, the Economic Times reported. Coffee Day Enterprises Ltd owns nearly 89.6 percent of Coffee Day Global, which houses a chain of about 1,750 stores across India, nearly 600 Value Express kiosks and 60,000 vending machines that dispense coffee in corporate workplaces and hotels under the brand, the story said.
1 min read · 30 August 2019
Alphabet Inc is teaming up with its subsidiary, Sidewalk Labs LLC, and the Ontario Teachers' Pension Plan to launch an infrastructure holding company that is being spun out of Sidewalk, the Wall Street Journal reported. Sidewalk Infrastructure Partners will seek to invest in projects that require more than $100 million equity, targeting sectors including advanced mobility, energy, water and waste, digital infrastructure, and social infrastructure, the story said.
1 min read · 30 August 2019
EQT’s long awaited IPO is expected to launch in coming days in a deal that will likely value the Swedish buyout firm at around 4 billion euros ($4.5 billion), Reuters reported. EQT has tapped JP Morgan and SEB as global coordinators for the Stockholm listing, while Goldman Sachs, Morgan Stanley, UBS and Nordea are joint bookrunners, the story said.
1 min read · 30 August 2019
Carlyle Group is considering listing Addison Lee in the U.S. after a sale process generated muted interest, Bloomberg reported. Carlyle is seeking to sell the London minicab company into a SPAC, the story said. Carlyle is working with Jefferies Financial Group and Cowen on the potential listing, Bloomberg said.
1 min read · 30 August 2019
Hilton Grand Vacations Inc is exploring strategic alternatives, including a potential sale following interest from private equity firms, Reuters reported. Hilton has hired an investment bank; preliminary bids are due in September, the story said.
1 min read · 30 August 2019
AURELIUS Equity Opportunities SE & Co KGaA said Aug. 30 that it agreed to buy YouBuild and MPRO of Grafton Group Plc. Financial terms weren’t announced. YouBuild and MPRO, of Brussels, are building material merchants.
2 min read · 30 August 2019
2 min read · 29 August 2019
Warburg to take control of WebPT; Where are all the PE healthcare deals?
2 min read · 29 August 2019
