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TDR Capital takes majority stake in Asda

Private Equity Insights

stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. stake in Asda, while US retail giant and Walmart holds 10%. After agreeing to sell his stake, Zuber Issa has also announced a £228m deal to acquire EG Group’s remaining UK forecourts business. Mohsin Issa retains a 22.5%

Stakes 130
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KKR to Sell about $1.6bn worth of its Stake in Kokusai Electric

Private Equity Insights

Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker. KKR, which holds around 43% of Kokusai’s shares, plans to sell about half of its stake to investors, one of the people said.

Stakes 130
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Norea Capital picks up stake in Versacom

PE Hub

The post Norea Capital picks up stake in Versacom appeared first on PE Hub. Versacom is a professional multilingual translation agency.

Stakes 223
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Walter GAM takes minority stake in Madryn Asset Management

PE Hub

The post Walter GAM takes minority stake in Madryn Asset Management appeared first on PE Hub. Walter GAM is a private equity affiliate of the Walter Group, a Montreal-based family office.

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Timoneer takes majority ownership stake in Solid Restoration

PE Hub

Brett Soliday will remain as CEO of Solid Restoration and maintain a significant ownership stake in the company. The post Timoneer takes majority ownership stake in Solid Restoration appeared first on PE Hub.

Stakes 168
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Verdane acquires majority stake in Corlytics

Private Equity Insights

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. read more The post Verdane acquires majority stake in Corlytics appeared first on Private Equity Insights. The investment will support the Corlytics’s continued growth.

Stakes 130
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Nvidia Owns a 3.4% Stake in This Innovative Artificial Intelligence (AI) Stock Cathie Wood Loves

The Motley Fool

It ended up grabbing a stake worth $190 million at its current price, representing just a small slice of the $100 billion company. Nvidia's second-largest holding represents a much more meaningful stake in an innovative AI company. stake in Recursion Pharmaceuticals (NASDAQ: RXRX). Image source: Nvidia.

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