Bistrot Pierre cuts jobs and closes restaurants as it tumbles further into the red July 2, 2024 French restaurant chain Bistrot Pierre has more than 100 staff and closed multiple sites as its goal as it battled to return to profitability.
Knight Frank: Investment in UK hotels jumps 50 per cent in a year July 1, 2024 Major deals by Blackstone, Landsec and Starwood Capital contributed to over £3bn of investment into UK hotels in the first half of 2024, already surpassing the total for last year by 50 per cent, Knight Frank data has revealed.
Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
TDR Capital seeks £2.5bn-plus sale of training business BPP June 30, 2024 British private equity giant TDR Capital is reportedly planning a £2.5bn-plus sale of professional training course business BPP.
Blackstone checks in at Village Hotels as takeover announced June 26, 2024 US private equity giant Blackstone has completed the acquisition of Village Hotels, it has been announced.
Apax Global Alpha launches ‘flexible’ capital allocation framework and kicks off buyback June 26, 2024 Private equity investment trust Apax Global Alpha has unveiled a new capital allocation framework and kicked off a share buyback programme to take advantage of "wide discounts", also announcing the retirement of its long-serving chair.
Magners Cider maker C&C pushed to go private by activist investor June 24, 2024 Magners Cider maker C&C Group has been targeted by activist investor Engine Capital, demanding a strategic review process that could lead to the business falling into private hands.
Double glazing giant Everest owed over £30m as it crashed into administration June 24, 2024 Double glazing giant Everest owed more than £30m when it crashed into administration earlier this year, it has been revealed.
Prospective Everton buyers back £160m software PE fund June 20, 2024 The prospective buyers of Everton Football Club have backed a $200m (£157.7m) private equity fund investing in European software Companies.