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Advent agrees sale of Indian packaging firm to PAG for nearly $1bn

Private Equity Wire

US private equity firm Advent International has reached an agreement to sell Indian packaging giant Manjushree Technopack to Hong Kong-based investment firm PAG for an enterprise value nearing $1bn, according to a report by Reuters.

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Blackstone plans Cirsa IPO in early 2025

Private Equity Wire

The report, which cited unidentified market sources, suggests the initial public offering (IPO) could raise between €700m and €1bn ($732m to $1.1bn). Cirsa, Blackstone, and the banks involved have yet to comment on the report.

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Investors Are Convinced They've Found the Next Chipotle

The Motley Fool

Since it first came to the public markets with a 100% gain in its 2006 debut, Chipotle Mexican Grill (NYSE: CMG) has been a stock market darling. Shares have climbed 45-fold since that initial public offering (IPO) and 375% since the beginning of 2019. That's a lot easier than securing sites and building new restaurants.

Investors 264
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Down Nearly 30% in 2024: Is Zscaler's Stock a Buy?

The Motley Fool

Zscaler went public in 2018. That would represent its slowest annual revenue growth rate since its initial public offering (IPO). at the end of fiscal 2018. It only provides its tools as cloud-native services, which don't require any on-site appliances. at the end of fiscal 2024.

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Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1bn deal

Private Equity Insights

The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. The restaurant chain confidentially submitted paperwork for an initial public offering to regulators in late 2021, the sources said. However, it started exploring a sale instead as the U.S.

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Dick's Sporting Goods, Hibbett, and Academy Sports: Which Is the Best Stock for Investors Right Now?

The Motley Fool

Consider that Hibbett had its initial public offering (IPO) in 1996 and Dick's had its IPO in 2002. During more than 20 years as public companies, both have only had one brief stint each of net losses -- Dick's during the Great Recession, and Hibbett during the COVID-19 pandemic.

Investors 246
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Warren Buffett's New Favorite Stock to Buy -- a 7,000%-Gainer Since Its IPO -- May Be Wall Street's Newest Stock-Split Stock in 2025

The Motley Fool

Prior to July 2018, Buffett and his right-hand man Charlie Munger, who sadly passed away in November 2023, had their hands tied when it came to share buybacks. But on July 17, 2018, Berkshire's board amended the rules governing buybacks to allow Buffett and Munger to get off the proverbial bench.