What times does Center Parcs Bike Hire Open and Close?
F85
by admin
2y ago
Center Parcs operates across the UK and Europe and one of their available services is bike hire from their Cycle Centre. It is normally recommended to pre-book your bike hire at Center Parcs by visiting their website, however, you can still arrange it while you are at your Center Parcs Village, however, please note that if you don’t book in advance there is a chance the bike/accessories of your choice might not be available. Center Parcs operates 6 locations in the UK & Ireland listed below. Whinfell Forest, Cumbria Sherwood Forest, Nottinghamshire Elveden Forest, Suffolk Woburn Forest, B ..read more
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Private Equity Consortium purchases DuPont Clean Technologies business
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by admin
3y ago
An international private equity consortium consisting of BroadPeak Global, Asia Green Fund, and The Saudi Arabian Industrial Investments Company announced that they have signed a definitive agreement whereby the Group will purchase the Clean Technologies business of DuPont de Nemours for $510 million in cash. As part of the transaction, Tensile Capital Management is providing preferred equity financing. The transaction is expected to close in the second quarter of 2021 subject to customary closing conditions and regulatory approvals. The Group and DuPont are ..read more
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Wheels Up Partners Plans IPO
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by admin
3y ago
Wheels Up Partners said on Monday it had agreed to go public through a merger with blank-check firm Aspirational Consumer Lifestyle Corp, valuing the private jet charter company at $2.1 billion. Aspirational Consumer Lifestyle, a special purpose acquisition company (SPAC) led by LVMH executive and veteran private equity investor Ravi Thakran, raised $225 million in an initial public offering (IPO) last year. The New York-based company is set to receive $790 million in gross proceeds on the transaction, including $550 million from investors such as T. Rowe Price, Fidelity In ..read more
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Coca Cola sells ZICO back to original founder
F85
by admin
3y ago
When news leaked last October that beverage giant The Coca-Cola Company was looking to discontinue its ZICO Coconut Water brand as part of a broader culling of its portfolio, private-equity investor Mark Rampolla couldn’t wait to pick up the phone. Rampolla started Zico a decade later above the garage of his New Jersey home. At the time, the market in the U.S. hadn’t really taken hold and was populated by smaller offerings from companies such as Goya and premium waters being imported from Brazil. Five years later, Rampolla sold a minority stake in Zico to Coca-Cola for $15 million before the b ..read more
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Beauparc receiving takeover offers from Blackstone
F85
by admin
3y ago
The largest waste company in Ireland, Beauparc, has attracted takeover approaches from dozens of private equity firms after its minority shareholder, Blackstone, set about putting its stake on the market late last year. The approaches may result in an outright purchase of the owner of the Panda and Greenstar waste firms for as much as €1 billion, sources said. This transaction follows other PE-deals in the waste management field. British water utility Pennon Group Plc sold its waste and recycling business, Viridor, to US private equity group KKR & Co. Inc ..read more
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Petco beats IPO share price
F85
by admin
3y ago
Pet retailer Petco Health and Wellness Company Inc. said on Wednesday it sold shares in its initial public offering at $18 apiece, above its target range, to raise about $864 million. Petco, which is owned by the CPP Investments and private equity firm CVC Capital Partners, had aimed to sell 48 million shares at a target range of $14 to $17 per share. Founded in 1965 as a mail-order veterinary supplies business, Petco first went public in 1994. In 2000, the PE firms TPG and Leonard Green & Partners acquired Petco, taking it private in a $600 million deal. Petco went public for a second tim ..read more
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BC Partners plans to acquire Inter Milan
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by admin
3y ago
Private equity firm BC Partners is in talks to buy into Italian soccer team Inter Milan, four sources familiar with the matter said, as top investor Suning looks for resources to inject into the loss-making Lega Serie A club. A deal, which could value the former European champions at more than 1 billion euros ($1.2 billion), would be the latest sign of interest from private equity investors in Italian soccer. A consortium including CVC Capital Partners, Advent International, and state-backed Italian fund FSI is buying a 10% stake in a media company ..read more
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Yoshiaki Murakami plans bid for Japan Asia Group Ltd
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by admin
3y ago
A Japanese fund backed by veteran investor Yoshiaki Murakami plans to make a $173 million bid for energy and environment firm Japan Asia Group Ltd. (JAG), topping a management buyout offer backed by The Carlyle Group. City Index Eleventh said on Thursday it would offer 840 yen per share for JAG, a 40% premium to Carlyle’s offer of 600 yen. JAG is the latest company to become a battleground between Murakami’s fund and a global private equity firm, following Bain Capital’s failed bid for the printing firm KOSAIDO Co Ltd in 2019. The post Yoshiaki Murakami plans bid ..read more
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InPost Plans IPO on Euronext
F85
by admin
3y ago
Polish parcel locker firm InPost plans an initial public offering in Amsterdam and aims to debut on Euronext as early as February, it said, as it seeks to expand abroad to capitalize on a surge in online shopping. Reuters reported in December that private equity firm Advent International was preparing an Amsterdam IPO for InPost that would value its equity at 7-8 billion euros ($8.5-$9.85 billion) The business, widely used in Poland by sellers on online commerce platform Allegro, with equity owners Cinven, Permira among its owners, has benefite ..read more
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New Fortress Energy acquires Hydo Energy Transition for $2.18 Billion USD
F85
by admin
3y ago
Energy infrastructure company New Fortress Energy said on Wednesday it would buy Hygo Energy Transition for $2.18 billion to expand its presence in Brazil, as South America’s largest market opens its natural gas industry to private investors. Hygo is a 50-50% joint venture between Golar LNG and U.S. private equity firm Stonepeak Infrastructure Partners. The company transports liquefied natural gas (LNG) and has become a key player in the Brazilian industry as the local state-controlled company Petrobras sells assets to end what five years ago was a near monop ..read more
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