PARIS, FRANCE: Peugeot Invest has sold its entire stake in Groupe SEB, a French manufacturer of small appliances, for €236 million. The deal was done through a private placement to institutional investors at €106 per share, a financial news announcement noted. Peugeot Invest, an investment company majority-owned by Etablissements Peugeot Frères, had invested in Groupe…
Tag: investment
How to Invest Money Wisely: A Guide for the American Business Man
If you are a successful business man, you may have accumulated a considerable amount of wealth in the past decade. You may also have a growing business surplus that you need to set aside for emergencies. But do you know how to invest your money wisely and make it work for you? Investing money is…
Coinsilium showcases its Web3 investment portfolio and future plans
LONDON, UK: Coinsilium Group Limited, a leading Web3 investor, advisor and venture builder, has released its latest investor presentation on its website and YouTube channel. The presentation covers the company’s investment and advisory activities in the Web3 space, as well as its vision and strategy for the future. Web3 is a term that refers to…
Aldar and Carlyle join forces to invest in European logistics and self-storage assets
Abu Dhabi, UAE: Aldar Properties, the UAE’s leading real estate developer, investor, and manager, has announced a strategic partnership with Carlyle (NASDAQ: CG), a global investment firm, to invest in logistics and self-storage assets in Europe. The partnership is part of Aldar’s international expansion plan, which aims to diversify its portfolio and tap into high-growth…
Nokia to invest €360 million in chip design for 6G and AI
ESPOO, FINLAND: Nokia announced today that it will invest €360 million in software, hardware and chip design at its Ulm and Nuremberg sites in Germany. The investment is part of a four-year project funded by the German government and the states of Baden-Württemberg and Bavaria. The project aims to develop high-performance systems-on-chips based on a…
GlobalData sells 40% stake in Healthcare division to Inflexion for £446m
LONDON, UK: GlobalData, a leading provider of data and analytics, has announced a major reorganisation of its business and a strategic partnership with Inflexion, a private equity firm. The deal will see Inflexion acquire a 40% stake in GlobalData’s Healthcare division, which offers insights and intelligence on the pharmaceutical, medical device, and biotechnology sectors. The…
Alpine Racing finalises sale of 24% stake for €200m to Otro Capital led group
BOULOGNE-BILLANCOURT: Renault Group and Alpine Racing announced the closing of the investment by Otro Capital of €200 million in Alpine Racing Ltd (based in England), announced on 26 June 2023, in the form of a 24% equity stake, to support Alpine’s growth strategy and sporting ambitions in Formula 1. Alec Scheiner, co-founder and partner of…
Wonder Group, a startup founded by ex-Walmart e-commerce chief, lands $100mn deal with Nestle
Wonder Group, a food-delivery startup that sells high-tech kitchen equipment and customized ingredients to businesses, has received a $100 million investment and a strategic partnership from Nestle, the world’s largest food and beverage company, CNBC said. The deal, which was confirmed by both companies but not disclosed publicly, will help Wonder expand its reach and…
ITV invests in pain relief brand Flarin as part of its Media for Equity portfolio
LONDON, UK: ITV, the UK’s largest commercial broadcaster, has announced its third deal of 2023 as part of its Media for Equity portfolio, investing in Flarin, a pain relief brand that offers a unique and patent protected anti-inflammatory painkiller. This is ITV’s first consumer healthcare investment to date. Flarin is one of the fastest growing…
Apax XI Fund to acquire minority stake in IBS Software
LONDON, UK: Apax XI Fund, a global private equity firm, today announced that it has signed a definitive agreement to acquire a significant minority stake in IBS Software, a leading provider of modern software solutions to the global travel and logistics industry. The transaction is expected to close by Q3 2023, subject to customary closing…
HydrogenOne Capital Growth to make £20mn investment in Elcogen
LONDON, UK: HydrogenOne Capital Growth plc has signed definitive agreements for an investment of £20m (EUR 24m) in Elcogen Plc. Elcogen’s shareholders include Biofuel OÜ, and VNTM Powerfund II, a technology fund focused on clean power. With this purchase of a minority equity stake, HydrogenOne has the right to a board seat at Elcogen. Elcogen…
nDreams receives significant new third-party investment
LONDON, UK: Mercia Asset Management PLC (AIM: MERC) announced completion of a £20.1million third-party investment round into nDreams Limited, currently the Group’s largest direct investment by fair value. The investment comes from Aonic AB, a Stockholm-based video game investor. Aonic champions high-potential game studios by supporting them with the specialist technology and infrastructure needed to…