Dutch express delivery company TNT has completed the sale of its logistics division to Apollo Management. The total value of the transaction is EUR 1.48bn on a cash and debt free basis, of which EUR 15m has been received in the form of a 5% equity stake in the new company.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater