Tag: Private equity management
Tribune shareholders to vote on hedge fund Alden’s bid
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that...
Angela Missoni resigns after 24 years as creative director
MILAN — Angela Missoni is leaving the role of creative director after 24 years at the Missoni fashion house founded by her parents, Ottavio...
Cyprus president unveils ‘ambitious’ economic stimulus plan
NICOSIA, Cyprus — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever”...
Former investment executive gets 3 months in college scam
BOSTON — A former private equity executive who cofounded an investment fund with U2′s Bono was sentenced Wednesday to three months in prison for...
Gap to sell Intermix clothing chain to private equity firm.
NEW YORK — Gap Inc. has signed a deal to sell the upscale clothing chain Intermix to private equity firm Altamont Capital Partners.
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New Deal: Colorado-national consortium buys community papers
DENVER — The Colorado Sun, a Denver-based online news operation created three years ago by journalists who left The Denver Post, has partnered with...
Toshiba brushes off renewed push from CVC on acquisition bid
TOKYO — Toshiba Corp. on Tuesday brushed off a fresh missive from CVC Partners about the global fund’s proposal to acquire the Japanese manufacturer,...
Japan’s Toshiba studies acquisition proposal by global fund
TOKYO — Trading in Toshiba stock was halted Wednesday after the Tokyo-based technology conglomerate confirmed it had received a preliminary acquisition proposal.
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6 Nations reach 5-year, $508M investment lifeline with CVC
LONDON — Six Nations Rugby confirmed a 365 million pound ($508 million) injection of much-needed cash from private equity firm CVC Capital Partners on...
Germany’s Birkenstock selling majority stake to investors
BERLIN — Germany's Birkenstock, known for its upmarket sandals, said Friday it is selling a majority stake to private equity firm L Catteron and...