by Ketaki Gokhale in Paris Investiere, a Switzerland-based platform for venture capital investors, is looking to increase investment abroad in a bid to become a pan-European player and to take its yearly capital deployment rate to the CHF 100m mark in 2022, co-founder and CEO Steffen Wagner told Mergermarket.
by Yiqin Shen in New York and Heather West in San Francisco with analytics by Philip Segal Last month, Freshly, a meal delivery company, sold to Nestle [SWX:NESN] for USD 950m; this week, Supreme, the street fashion brand, sold to clothing giant VF Corp [NYSE:VFC] for USD 2.1bn. Both deals included an earnout component. An earnout provision, typically one to three years in duration, allows a seller to receive additional payments
by Thomas Zadvydas and Mark Andress For the tech industry, the US presidential and general elections place the focus on three main areas, regardless of whether Joe Biden or Donald Trump wins. Tax policy has already shaped M&A and looks set to continue to do so; regulatory policy has put Big Tech in the crosshairs whoever is victorious; and foreign policy will determine the direction
by Hana Askren in New York, Nate Trela in Denver and Onofrio Castiglia in Charlottesville, Virginia Oil shock and curbed demand heated up long simmering deals Activity likely to stay heaviest in Permian Exxon Mobil, EOG, Diamondback among names tipped for possible deals A flurry of energy deals in recent weeks was likely the culmination of years of calls for upstream oil and gas consolidation, with the market's positive response
by Jeff Sheban As companies stay private longer while raising multiple rounds of equity capital, the question arises: who is safeguarding the ownership data? For public companies, the job falls to stock transfer agents and issuer services companies, two of the largest in the world being Australia-based Computershare [ASX:CPU] and Brooklyn, New York-based AST
by Carlos Martinez in Bogota and Dominic Pasteiner in Mexico City, with additional reporting by Leonardo Peralta Blackstone Group [NYSE:BX] is interested in bidding for KIO Networks’ data centers, said two sources familiar with the situation. KIO to date has asked for bids for the entire company, which comprises both data centers and its information technology (IT) services business, said the second source and a third source familiar. Non-binding
by Dominic Pasteiner in Mexico City Hydal, a Monterrey, Mexico-based hospital management group, is in talks with financial investors, including private equity firms, to raise up to MXN 1bn (USD 46.8m) to continue growing, CEO Arturo Garza said. The venture capital-backed company, which manages two hospitals, is looking to sell a minority stake to a single investor who can provide
by Jonathan Carmody in New York and Carlos Martinez in Bogota Advent International is one of the final bidders for Laureate Education’s [NASDAQ:LAUR] Mexican business, said three sources familiar with the situation. Baltimore, Maryland-based Laureate owns two higher-education institutions in Mexico — Universidad del Valle de Mexico (UVM) and Universidad Tecnologica de Mexico (Unitec) — with 168,400
by Carlos Martinez Jaguar Exploracion y Produccion, a Mexico City-based oil company, plans to raise capital early next year to put some of the 11 onshore blocks it owns or has stakes in into production, CEO Warren Levy said. The company, which is backed by energy-to-education conglomerate Grupo Topaz, estimates it will need “multiple hundreds of millions of dollars”
by Carlos Martinez in Bogota and Leonardo Peralta in Mexico City Review may require a look at all of investors’ Mexican holdings Railroad regulator doesn’t have official say, could suggest conditions Mexico’s competition regulator, Cofece, is not expected to oppose a potential sale of Kansas City Southern [NYSE:KSU] to financial investors, said three local competition attorneys. The
