Company is seeking a valuation of at least $3 billion in a sale, potentially more in an IPO The show ‘CoComelon’ was a breakout hit during the pandemic. Now the company behind it has received interest from multiple suitors. PHOTO: NETFLIX Updated Oct. 18, 2021 7:14 pm ET Moonbug Entertainment Ltd., the company behind the hit […]

  Aristocrat to Buy Playtech in $3.7 Billion Gaming Deal Harry Brumpton Mon., October 18, 2021, 3:14 a.m.·2 min read   (Bloomberg) — Australian slot-machine maker Aristocrat Leisure Ltd. has agreed to buy British gambling software developer Playtech Plc for A$5 billion ($3.7 billion). The offer values London-listed Playtech at 680 pence ($9.35) per share, […]

The Globe and Mail JAREN KERR MERGERS AND ACQUISITIONS REPORTER PUBLISHED OCTOBER 12,  Montreal-based Dorel Industries has agreed to sell its bicycle division to Dutch transport conglomerate Pon Holdings for $1-billion, almost twice the amount a U.S. private equity firm offered for the whole company in January. The bike unit, Dorel Sports, is the company’s […]

Stockholm listing would represent one of the car industry’s most striking turnarounds By Ben Dummett and William Boston Updated Oct. 4, 2021 11:00 am ET Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar […]

Alternative-Milk Company Perfect Day Raises $350 Million, Prepares for IPO Ryan Pandya and Perumal Gandhi founded Perfect Day in 2014. PHOTO: PERFECT DAY By Corrie Driebusch Sept. 29, 2021 6:00 pm ET Perfect Day Inc. raised $350 million in a late-stage funding round, valuing the non-animal dairy startup at roughly $1.5 billion and setting the stage […]

Life Time IPO could raise $1 billion at valuation of $4.1 billion   Bahram Akradi is CEO of Life Time. NANCY KUEHN   By Mark Reilly  –  Managing Editor, Minneapolis / St. Paul Business Journal Sep 29, 2021, 12:51pm EDT Life Time Group Holdings Inc., which is working to return to the public markets after years as a […]

Because of intense competition in the mid-market for deals, the time GPs have to complete due diligence and decide on closing a transaction have shrunk, and require a lot more upfront work around things like market analysis, writes Michael Baruch on the Hub today. The average time to complete a deal has compressed to probably around […]

Reuters Sept 27 (Reuters) – Blackstone Inc (BX.N) said on Monday it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. As part of the deal, MGM Resorts International (MGM.N) would buy the operations of The Cosmopolitan for $1.63 billion. MGM would also enter into a long-term lease agreement with a partnership among Stonepeak […]

  09-13-21 BY NATE BERG And they could be the future of disaster relief. On the street outside Peaches Kitchen & Bar in Brooklyn, New York, two translucent outdoor dining structures are now standing like oversized glowing lanterns. Like the outdoor dining spaces of other restaurants across the city and around the world, these structures […]

Federer invested in Swiss sneaker brand On in 2019 as part of an endorsement deal following his split with Nike BY KURT BADENHAUSEN Sportico Media, LLC September 15, 2021 4:37pm   Roger Federer has played only a half-dozen tournaments since the start of 2020, due to a trio of knee surgeries, but the Swiss tennis ace continues to […]