Hints and tips:
Related Special Reports
...In March, private equity group Permira agreed to sell fund administrator Alter Domus to rival Cinven in a €4.9bn transaction....
...The group does not own or operate gyms itself, but allows members to use in-person sports facilities as well as digital offerings like online classes and personal trainers....
...The bloated share counts push up trading volumes but can weigh heavily on stock prices, particularly for lossmaking groups....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...Vaccine hopes and demand for medical treatments also buoyed pharmaceutical groups such as Moderna and Pfizer in 2020, as well as lesser-known Chinese groups, including WuXi Biologics, Chongqing Zhifei Biological...
...Analysts say that market conditions have improved for Chinese offshore equities this year....
...More from the Summit . . ....
...Here’s what Europe’s biggest private equity groups did so right, writes Craig Coben at Alphaville....
...The equity strategists we follow have seemed mostly unworried about sentiment....
...The “secondaries” market — of private equity investors buying and selling existing stakes in funds and private equity groups moving assets from older to new funds — was another bright spot....
...One scoop to start: Permira has selected Bank of America, JPMorgan and Mediobanca as joint global co-ordinators for the forthcoming market listing of the private equity group’s Italian luxury sports shoe...
...Meanwhile, in Texas, private equity groups face political attacks from Republicans if they do not invest in fossil fuels....
...Skydance’s two-step deal is backed by private equity groups RedBird and KKR....
...One banker described the success of the Galderma deal as “a sigh of relief” for private equity....
...That combination is pure oxygen for equities....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...Novavax will receive an upfront payment of $500mn in cash and an equity investment, and will stand to receive the remaining $700mn upon the completion of certain regulatory and development milestones....
...Backed by private equity groups RedBird and KKR, Ellison is pursuing a two-step deal....
...Whitehurst will become executive chair and return to private equity group Silver Lake....
...Outside of these names, the broader earnings outlook for the equity world is muted.”...
...Sunak’s effort to bolster links with the private equity group could be partly explained by Blackstone’s institutional heft at a time when the battered British economy badly needs votes of support from overseas...
...Flutter proposes moving listing from UK to New York (FT) Arc’teryx apparel maker Amer Sports considers IPO price below range (FT) Private equity firm McWin buys €80mn restaurant group Sticks’n’Sushi (...
...He is also set to receive additional equity awards as a result of the listing valuing the company at more than $5bn. The restricted stock units could be worth about $21mn....
...The outflows partly stemmed from the company’s value equity funds, as one of its key managers prepares to depart....
...Darktrace has accepted a £4.3bn offer from US private equity investor Thoma Bravo. That the UK market’s lone cyber security name is leaving will, of itself, raise eyebrows....
International Edition