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April 18, 2024
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asia MBK Partners said to enter Car Inc takeover talks after Luckin Coffee accounting scandal impacts share price

MBK Partners said to enter Car Inc takeover talks after Luckin Coffee accounting scandal impacts share price

Asian private equity major MBK Partners is reportedly in talks for a take-private buyout of China's top car rental business Car Inc, which could value the company at up to $850m.

Apollo Apollo, other PE houses said to be wary of debt-heavy Europcar buyout amid Covid-19 uncertainty

Apollo, other PE houses said to be wary of debt-heavy Europcar buyout amid Covid-19 uncertainty

Private equity firms including Apollo Global reportedly remain wary of investing in troubled car rental business Europcar amid owner Eurazeo asking for last-ditch bids ahead of a potential restructuring.

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