The Carlyle Group L.P. (CG)
Pre-market:
- Reuters
Private equity funds approach Italy's Serie A to explore media rights deal -sources
MILAN (Reuters) -Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached Serie A expressing interest in investing in the media business of Italy's top flight soccer league, three sources close to the matter said on Wednesday. The approach by the four private equity firms comes after Serie A last year failed to reach a media rights deal worth 1.7 billion euros ($1.7 billion) with a group of funds led by CVC Capital Partners due to opposition from some of its clubs, including Juventus and Lazio.
- Oilprice.com
Private Equity Scoops Up Oil And Gas Assets
With large banks withdrawing from fossil fuel investments, large private equity firms are jumping into the gap, emerging as financiers of last resort
- Bloomberg
Tycoon's Wild $3 Billion Gamble on ‘China's LVMH’ Crashes
(Bloomberg) -- Six years ago, a little-known textile maker called Shandong Ruyi Group embarked on a frantic acquisition spree with the goal of becoming China’s version of luxury powerhouse LVMH.Based in the hometown of Confucius, Chairman Qiu Yafu spent more than $3 billion snapping up assets from the boulevards of Paris to the heart of London tailoring on Savile Row. He bought French fashion brands Sandro and Maje, as well as heritage UK trenchcoat maker Aquascutum and the maker of Lycra stretc
