Private Equity

Dealmaking

Sale of Genstar- and Aquiline-backed Ascensus in question

1 min read · 30 November 2018

PE HUB Second Opinion

In Second Opinion, a magnitude 7.0 earthquake rattles Anchorage, Richard Branson says Virgin Galactic will take people to space before Christmas and Marriott says 500 million guests' personal information is at risk after a data breach.

1 min read · 30 November 2018

China's Fosun launches up to $548 million Club Med IPO in Hong Kong: Reuters

Fosun International (0656.HK) is looking to raise up to $548 million with the IPO of its Club Med holiday business in Hong Kong, as it seeks funds to grow its business in China betting on a rise in tourism from the world’s second-largest economy.

3 min read · 30 November 2018

Bidders line up for UAE-based Stanford Marine Group, say sources: Reuters

Gulf Navigation Holding, Tristar Group, Hineni Capital and BT Investment are among bidders for Dubai-based marine services firm Stanford Marine Group (SMG), sources told Reuters.

2 min read · 30 November 2018

Altice France sells stake in fibre unit for 1.8 bln euros: Reuters

Telecoms and cable group Altice Europe on Friday said its French unit had agreed to sell a 49.99 percent stake in its SFR FTTH fibre optic business to three investment funds for 1.8 billion euros ($2.05 billion).

1 min read · 30 November 2018

Indigo Partners invests in WOW air after Icelandair drops out: Reuters

U.S.-based private equity fund Indigo Partners said it has agreed to invest in low-cost carrier WOW air after Icelandair (ICEAIR.IC) scrapped its plan to buy the privately-held airline, Reuters reported.

2 min read · 30 November 2018

PE HUB Wire Highlights, 11.30.18

Freeman settles lawsuit against fintech banker, TPG Growth buys patient data registry Q-Centrix

2 min read · 30 November 2018

TPG Growth buys patient data provider Q-Centrix

2 min read · 30 November 2018

PE HUB First Read

First Read ends the week with news that Mic has laid off most of its staff, New Hampshire Democrats invite Beto O’Rourke to the crucial presidential primary state and far-right activist rescued by NYPD after she cuffs herself to door of Twitter office in NYC.

1 min read · 30 November 2018

KKR promotes 18 to managing director

KKR has promoted 18 employees to managing director. The appointments become effective January 1, 2019.

2 min read · 29 November 2018

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