Searching for a Saviour: Apollo Buys Yahoo and AOL from Verizon
By Curtley Bale
The Story
US private equity firm Apollo has bought Yahoo, AOL and other media assets from Verizon, in a deal worth $5 billion. Verizon, one of America’s biggest telecommunications companies, is selling...
Taxing Times: Biden Announces Plan to Raise Taxes For Richest Americans
By Curtley Bale
The Story
Following a hectic first 100 days as US President, Joe Biden is looking to continue the trend of proposing legislation that will help the American people. After administering 200 million...
When Fans Strike Back: The Dramatic Rise and Fall of the European Super League
By Curtley Bale
The Story
Last week, the international football community rode a wave of shock, fury, and eventual relief within the space of a few days.
The initial shock and fury began last Sunday when...
Dining In: EG Group Buys Leon
By Curtley Bale
The Story
EG Group, the company behind last year’s £6.8 billion takeover of Asda, has bought fast-food chain Leon for £100 million. Leon is a healthy, environmentally-friendly fast-food chain, whose mission is to provide sustainable...
Taxing Times: The USA Proposes a New Global Corporate Tax
By Curtley Bale
The Story
This week, President Biden presented plans to the OECD (Organisation for Economic Co-operation and Development) for a new global corporate tax. His proposal involves a unanimous minimum tax rate...
Mondelez buys majority stake in Grenade
By Curtley Bale
The Story
International snack food company Mondelez has bought a majority stake in Grenade, the UK-based company focussing on healthier, low sugar snack options. Grenade is best known for its market-leading protein bar, Carb...
Stuck in the Suez
By Curtley Bale
The Story
On Tuesday 23 March 2021, a 400m-long shipping vessel ran aground in the Suez Canal. The cargo ship, the Ever Given, was grounded due to high winds, causing the vessel to splay diagonally across the canal. The Ever Given weighs 220,000 tonnes...
Stars and Stripes: The $95 billion Valuation
By Curtley Bale
The Story
Online payment company Stripe has become Silicon Valley’s largest private company. This comes after a fresh round of fundraising has left Stripe with a valuation of $95 billion. This means the company surpasses...
Cutting the Cake: Deliveroo Announces Intentions for IPO
By Curtley Bale
The Story
Deliveroo has announced its intentions to raise money via an Initial Public Offering (IPO), confirming it would do so in London. The IPO is expected to be worth around £7 billion but the date for the...
Spring Tide: Square to Buy Jay-Z’s Tidal
By Curtley Bale
The Story
Jay-Z’s asset sell-off continues. This week, the rapper sold a majority stake of his streaming service, Tidal, to financial services and payments company, Square. The deal is expected to cost Square $297 million, and...
Sole Trader: Birkenstock Agrees to Sell its Business to LVMH-backed L Catterton
By Curtley Bale
The Story
German sandal-maker Birkenstock has agreed a deal to sell its business to LVMH-backed private equity house, L Catterton. The deal is expected to be worth €4 billion. L Catterton...
Supercharged: Car Manufacturers Set Ambitious EV Targets
By Curtley Bale
The Story
This week, multiple car companies set out significant and meaningful electric vehicle goals. Jaguar Land Rover (JLR) committed to ditching the combustion engine within 15 years, with the brand becoming...
Spurring Partners: CVC’s potential investment in the NBA
By Curtley Bale
The Story
Whilst the pandemic has led to a global economic slowdown, it seems to have ramped up private equity deal-making. Luxembourg-based CVC Capital Partners has entered into talks to buy a 15% stake in the...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.