Alternative lenders are filling in the shoes of commercial banks in Europe that have reduced lending, allowing small firms to still raise funds, Bloomberg reported.
Buyout firms
Breaking News
An article published by the New York Times said that the Versace deal may not please investors. Versace valued itself at over EUR1 billion (USD1.36 billion), which is 14 times its current-year EBITDA at EUR70 million.
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
Buyout firms are unwilling to sell businesses, bought in the boom, at knock-down prices for fear of missing out on big bonuses.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk
- Amazon Skips Cash Pay Hikes for Senior Employees This Year