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Month: July 2021

PE spots bargains in UK supermarket aisles

A bidding war is brewing for Britain’s fourth-largest food retailer WM Morrison

SoftBank backs facial-recognition startup

SoftBank Group is leading an investment in AnyVision Interactive Technologies that values the facial-recognition company at over $1bn

Vexus Fiber Deploys GOCare™ Connect for Unified Communications

NuTEQ Solutions announced that Vexus Fiber recently deployed GOCare Connect to simplify customer communications across all channels - SMS, chat, social media, and phone.(PRWeb July 12, 2021)Read the full story at https://www.prweb.com/releases/vexus_fiber_deploys_gocare_connect_for_unified_communications/prweb18058078.htm

AMW :- Opalesque Roundup: Confidence in hedge funds is soaring: hedge fund news, week 27

In the week ending July 9th 2021, a report said that amid double-digit returns and increasing assets under management, hedge fund managers have grown even more optimistic about their business prospects over the next 12

Rates shock rattles primary capital markets

A sharp and mysterious drop in US Treasury yields blindsided investors this week, which swiftly fed through to European markets. The moves came perilously close to wreaking havoc in primary markets and issuers in many

Inside the IPO: How Segezha listing withstood US-Russia tensions

Russian IPOs have long been beset by the political turmoil that surrounds their country’s relationship with the US. Many a deal has been sunk by US-Russia tension, particularly when sanctions are imposed by the former.

Morrisons bid sparks M&A trolley dash

With private equity-backed mergers and acquisitions hitting record levels in Europe, bankers have their tails up as they jostle for the most lucrative fee opportunities, writes David Rothnie.

Yahsat demand stratospheric as it closes IPO books

Banks wrapped up the $730m-equivalent IPO of Abu Dhabi satellite company Yahsat on Thursday with high levels of demand, particularly from local investors.

Philip Morris trumps Carlyle with $1.2bn cash offer for inhaled medicine firm Vectura

Tobacco maker says purchase of Vectura will help its expansion beyond tobacco products

L2 Sees Green in Green

L2 Capital Partners has acquired Ecotone, a provider of eco-related design, engineering, and construction services. Ecotone is a provider of ecological design and restoration services to federal, state, local and private companies located in the

CID Sells Classic Accessories to Z Capital’s Twin Star

CID Capital has sold Classic Accessories, a designer and distributor of outdoor product covers, to Twin Star Home, a portfolio company of Z Capital. Classic Accessories, acquired by CID in July 2016, is branded manufacturer

Arbor’s Crown Buys Bagel Boy

Crown Bakeries, a portfolio company of Arbor Investments, has acquired Bagel Boy, the largest manufacturer of premium, New York-style bagels in New England. Crown Bakeries manufactures fresh and frozen breads, baked goods, and dough products

Fantastico! Tecum Backs Pasta Sauce Maker

Tecum Capital has made an investment in DelGrosso Foods, one of the oldest family-owned producers of pasta sauce in the United States. DelGrosso specializes in the formulation and manufacture of branded, private label, and co-manufactured

Thoma Bravo plans next fund in red-hot tech market

Firm plans to start pitching its next round of tech-focused private equity funds a year after raising a total of $22.8bn for three predecessor funds

Are secondary buyers an independent sponsor’s new best friend?

Buyers of secondhand private equity assets are starting to partner with independent sponsors as they seek returns in a competitive market

Hedge funds post strongest 1H gain since 1999

Opalesque Industry Update - Hedge fund performance advanced in June, extending the streak of consecutive monthly gains to nine and completing the best first half of a calendar year since 1999, driven by optimism regarding

Shanghai Pharma cuts pricing on $500m refi

Shanghai Pharmaceuticals Holding Co has managed to slice the margin and fees on a $500m comeback to the loan market.

Shoukai returns to dollar bonds

Property developer Beijing Capital Development Holding (Group) Co, which is also known as Shoukai Group, was back in the dollar bond market on Thursday after a nearly five year hiatus.

Chint Solar beams debut $150m green loan

Chint Solar, a Chinese photovoltaic module supplier, is making its debut in the offshore market for a dual currency green loan.

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