Sunday, 30 Jun 2024

Analysis & Comment

Read the latest Analysis & Comment News from around the UK. Get all the headlines, pictures, video and analysis on the stories that matter to you…

Ex-Trump adviser Cohn, Robbins raise extra $108 million for blank-check company: source

BOSTON (Reuters) – Gary Cohn, the former economic adviser to U.S. President Donald Trump and investor Clifton S. Robbins have upped the funds raised for their blank-check acquisition company, Cohn Robbins Holdings Corp CRHC_u.N, to $828 million, according to a person familiar with the matter. Cohn Robbins Holdings completed its $720 million initial public offering […]

Ex-Trump adviser Cohn, Robbins raise extra $108 million for blank-check company: source

BOSTON (Reuters) – Gary Cohn, the former economic adviser to U.S. President Donald Trump and investor Clifton S. Robbins have upped the funds raised for their blank-check acquisition company, Cohn Robbins Holdings Corp CRHC_u.N, to $828 million, according to a person familiar with the matter. Cohn Robbins Holdings completed its $720 million initial public offering […]

Suez seeks alternatives to Veolia's offer for stake

PARIS (Reuters) – French waste and water management group Suez on Thursday reiterated its opposition to Veolia’s offer for Engie’s stake in the company, and said it was looking at alternatives. “The board of directors of Suez affirms its full support to the management team to execute and accelerate the Suez 2030 strategic plan and […]

Opinion | What’s Mightier Than the Coronavirus? A Freshly Killed Chicken

How Hong Kong’s food culture has adapted to epidemic after epidemic, fending off disease while saving its favorite dishes, and its soul. Credit…Radhiah Anis Supported by By Daisann McLane Ms. McLane is a writer in Hong Kong. HONG KONG — The other day, craving a bowl of fish ball noodle soup, I went to eat […]

Warburg Pincus-backed Petz raises $570 million in Brazil IPO: filing

SAO PAULO (Reuters) – Brazilian pet store chain Petz PETZ3.SA, controlled by U.S. private equity firm Warburg Pincus, raised on Wednesday 3.03 billion reais ($570.71 million) in an initial public offering, according to a securities filing. The company, controlled by U.S. private equity firm Warburg Pincus, priced its shares at 13.75 reais in the offering. […]

KKR-backed Academy Sports and Outdoors files for U.S. IPO

(Reuters) – Academy Sports and Outdoors Inc, owned by U.S. private equity firm KKR & Co (KKR.N), on Wednesday filed for an initial public offering in the United States, making it the latest firm to cash in on the stunning recovery in capital markets from the COVID-19 pandemic. The company intends to list its shares […]

Exclusive: Arch Capital-led group in $500 million bid for reinsurer Watford

NEW YORK (Reuters) – A consortium led by insurer Arch Capital Group Ltd (ACGL.O) has made an approximately $500 million offer to acquire reinsurance firm Watford Holdings Ltd (WTRE.O), people familiar with the matter said on Tuesday. The bid comes more than a year after Watford went public. Since then, its shares have lost about […]

Data center owner ChinData files for U.S. IPO

(Reuters) – Chinese data center owner ChinData Group filed for a U.S. initial public offering, joining several other IPOs from Chinese companies despite rising geopolitical tensions between Beijing and Washington. The news comes about a week after Reuters reported that the Bain Capital-backed firm is preparing for a confidential filing to raise up to $400 […]

Brazil's Vitru plans up to $310 million IPO on Nasdaq

SAO PAULO (Reuters) – Brazilian distance learning company Vitru Ltd plans an initial public offering on Nasdaq which may raise up to $310 million, according to a securities filing on Tuesday. The company, which was previously known as Uniasselvi, set the price range between $22 and $24 per share. Both Vitru and its shareholders – […]

Vista sells SecureLink stake to Cove Hill in Endeavor fund's first exit: sources

NEW YORK (Reuters) – U.S. private equity firm Vista Equity Partners has sold a portion of its stake in third-party remote access software company SecureLink Inc to Cove Hill Partners, people familiar with the matter said on Tuesday. The deal marks the first exit for Vista’s $560 million Endeavor Fund, which was raised in 2017 […]