US-based GP Apollo Global Management and Dutch pension fund PGGM have joined forces to submit a bid for AkzoNobel's chemicals arm, according to press reports.
Deal will enable the online booking platform to expand its operations team and prepare for a US launch
Acquirer is currently investing from its sixth flagship fund, which writes equity cheques of €100-300m
GP buys a 70% stake in insurance business Groupe Premium, investing alongside management
Company will use the fresh capital to support the launch of its new Atlas motorcycle helmet