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Carlyle Group leads race to buy Medtronic units for $7bn

Private Equity Insights

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Working with a private equity group to create a new standalone company would free Medtronic from the need to hold an initial public offering (IPO) at a tricky time in the public markets.

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GTCR to Buy AssetMark Financial in $2.7bn Deal

Private Equity Insights

Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial in a deal that would take the wealth management platform private more than five years after its initial public offering. Source: Reuters Can’t stop reading? billion to buy AssetMark Financial in a deal that.

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Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1bn deal

Private Equity Insights

Private equity firm Bain Capital on Tuesday agreed to buy Fogo de Chão, in a deal people familiar with the matter said valued the Brazilian steakhouse chain at about $1.1bn, including debt. The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018.

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Bain Capital Postpones $700m Virgin Australia IPO Until Next Year

Private Equity Insights

Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday. read more The post Bain Capital Postpones $700m Virgin Australia IPO Until Next Year appeared first on Private Equity Insights.

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L Catterton’s LVMH Mulls Over $6bn US IPO for Birkenstock

Private Equity Insights

LVMH-backed private equity firm L Catterton is looking to launch an initial public offering in the US for Birkenstock that could value the German sandal maker at over $6 billion, Bloomberg News reported Friday. Goldman Sachs Group and JPMorgan Chase & Co.

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Apollo in Talks to Refinance $660m OYO Loan

Private Equity Insights

Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660m loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO], sources familiar with the matter told Bloomberg.

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Permira-Backed Golden Goose Steps into the Spotlight with Potential €4bn IPO

Private Equity Insights

The luxury Italian shoemaker Golden Goose is preparing for a potential initial public offering (IPO) on the Milan stock market, with banks proposing valuations ranging from €3bn to €4bn. Open Gate Capital, a global private equity firm, announced today that it has signed a definitive.