Partnership with KKR delivers immediate deleveraging via $1 billion direct investment and $2.5 billion net cash proceeds from Wella transaction, lowering Coty’s net debt/adjusted EBITDA from ~5.6x to ~4.5x on a pro forma basis Simplified
Privately held assets are highly leveraged and vulnerable, which could ripple across financial markets
Raising money for new investment funds has gone virtual as investors and general partners embrace technology to conduct due diligence
The firm said fundraising for four strategies are already underway
The tools that once boosted returns at target companies have become impossible to use in the current context of sinking valuations and the continuing massive government intervention in the world’s largest economies
Investment to Further Propel Jio’s Vision of Enabling a Digital Society for India J io Platforms Has Now Announced Investments of ₹ 78,562 Crore by Leading Global Technology Investors in the Last Month MUMBAI --(BUSINESS
Martin Squier, partner at Horizon, said the firm is likely to focus on add-on acquisitions in the near future due to Covid-19
The transaction is the third exit from Abraaj's Africa funds since Actis took over
Latest capital infusion brings funding for the digital analytics company to $310m
Private equity groups have already accelerated their acquisitions of Emea-based tech targets in the first quarter
Posted by Rob Carlson and Jake Funk, Sidley Austin LLP, on Friday, May 15, 2020 Editor's Note: Rob Carlson is a partner and Jake Funk is an associate at Sidley Austin LLP. This post is
In April, 80% of the money raised by US IPOs was for companies whose purpose is to fund acquisitions
Houlihan’s capital markets bankers have pivoted from advising companies on acquisitions to liability and debt management as well as rescue and bridge financing
Companies argue the pandemic allows them to cancel planned transactions
Posted by Steve Bochner, Amy Simmerman and Becki DeGraw, Wilson Sonsini Goodrich & Rosati, on Tuesday, May 12, 2020 Editor's Note: Steve Bochner, Amy Simmerman and Becki DeGraw are partners at Wilson Sonsini Goodrich &
With leveraged companies largely shut out of central bank bond buying and price support schemes, sponsors are mulling government-backed lending schemes in several European countries, as they seek to show other creditors that they have
Firms investing in telemedicine apps have seen a surge in their use during the coronavirus pandemic. The next stage is making this growth sustainable
Alibaba Health Information Technology has sealed Hong Kong’s largest primary follow-on in five years, navigating concerns over high valuations to increase the size of the deal to HK$10bn ($1.29bn).
Laxman Pai, Opalesque Asia: Amid declining Q1 M&A volumes in Europe following uncertainty surrounding the COVID-19 outbreak, UK scores highest number of deals with 610, said a study. According to GlobalData, the Euro...Article Link
A third of GPs have had to postpone fundraising
