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Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private

Private Equity Insights

The group already has a big stake in Macy’s through Arkhouse-managed funds and has discussed the proposal with the department store chain, whose board subsequently met to discuss the offer. read more The post Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private appeared first on Private Equity Insights.

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I Squared Weighs Stake Sale in $1bn India’s Think Gas

Private Equity Insights

I Squared Capital is considering selling a minority stake in Think Gas Distribution Pvt. The private equity firm is working with an adviser to sell as much as a 30% stake in Think Gas, said the people, who asked not to be identified as the information is private.

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TA Associates and Warburg Pincus mull $2bn Procare sale

Private Equity Insights

The report cites unnamed sources familiar with the matter as confirming that the firms have hired investment bank William Blair to advise Procare on a sales process that is expected to formally launch after next week’s Labor Day holiday in the US. Source: Private Equity Wire Can’t stop reading?

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Goldman Sachs enters final stage of GreenSky sale

Private Equity Insights

US private equity company Apollo Global Management , investment firm Sixth Street , and the AI fintech Pagaya Technologies are all actively engaged in the bidding process, according to a report from Bloomberg. Source: FINTECH GLOBAL Can’t stop reading?

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These 2 Stocks Show Merger Mania Isn't Just for Mondays

The Motley Fool

But in the investment banking world, the best time to finalize potential mergers or acquisitions is over the weekend, as markets aren't open and companies don't have to worry about the potential for leaked information to cause an immediate spike in share prices. With this bid valuing American Equity at $4.3

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OMERS Looks To Sell LifeLabs; CPP Investments Sells Stake in Visma

Pension Pulse

Last year, Ontario Municipal Employees Retirement System (OMERS) hired investment banks to find a new owner for Toronto-based LifeLabs , according to four sources familiar with the sales process. Two of the sources said OMERS picked New York-based Evercore Group LLC to run the process and also brought in a Canadian bank.

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Struggling brazil firms turn to founders for $4 Billion rescue, the rescues which have come via equity offerings and real estate transactions, are expected to continue in months to come.

Private Equity Insights

Guilherme Paulus, who founded travel agency chain CVC Brasil Operadora e Agencia de Viagens SA five decades ago but had unloaded his stake in the past few years, subscribed part of the company’s public equity offering that priced last Thursday. The transaction was part of an agreement with local bondholders in a distressed debt restructuring.