Private Equity
A weekly letter about items heard-on-the-grapevine and other things that just happened, as well as fresh data and a look ahead to what’s coming up
3 min read · 24 May 2019
First Read closes out the week with news that WikiLeaks' Julian Assange is charged with 17 new criminal counts, including violating the Espionage Act, JPMorgan Chase cuts ties with OxyContin maker Purdue Pharma and Lime shuffles management.
1 min read · 24 May 2019
In Second Opinion, President Trump gives farmers $16 billion in aid, Andreessen Horowitz invests $22 million in PlanetScale and Lee and Wrangler stock falls during public debut.
1 min read · 23 May 2019
Partners Group acquired a minority stake in Idera, a business-to-business software company backed by TA Associates, HGGC and the company’s management. The PE firm joins current investors with a 25 percent stake in Idera, which is valued is north of $2 billion, a source said.
2 min read · 23 May 2019
Thomas Cook has received a takeover approach for its Nordic operations from private equity group Triton, Sky News reported on Thursday.
1 min read · 23 May 2019
The transaction is part of the Bahrain-listed firm’s expansion and global growth plan to boost its AUM to $50bn.
2 min read · 23 May 2019
First Read begins the day with news that Indonesia restricts WhatsApp, Facebook and Instagram usage following deadly riots, British Prime Minister Theresa May could resign in days, and Square is starting to process payments from CBD companies
1 min read · 23 May 2019
3 min read · 22 May 2019
In Second Opinion, Amgen is acquiring Copenhagen-based Nuevolution for $167 million, mobile networks are suspending orders for Huawei smartphones and Michael Avenatti, former lawyer for porn star Stormy Daniels, is indicted for an alleged extortion attempt against Nike.
1 min read · 22 May 2019
2 min read · 22 May 2019