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Peloton shares surge as news of PE buyout interest breaks

Private Equity Insights

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are cons idering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses.

Buyout 147
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EQT’s Sinding Says Buyout Firms Hunt for New Ways to Exit

Private Equity Insights

A growing number of private equity giants are considering new ways of exiting their portfolio companies — from private IPOs to selling their stakes to rivals – as they hunt for ways to return cash to investors, according to one of Europe’s largest buyout firms. read more Blackstone-led consortium bids Haldiram Snacks at $8.5

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South Korea’s Hahn & Co raises $3.4bn for new buyout fund

Private Equity Insights

Read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Aircraft landing gear maker Héroux-Devtek Inc. read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Hahn & Co, a South Korean private equity firm founded by former Morgan Stanley banker Scott.

Buyout 130
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Billionaire Jeff Yass Sold 73% of Susquehanna's Stake in Nvidia and Is Piling Into This Beloved Artificial Intelligence (AI) Stock Instead

The Motley Fool

During the second quarter, Yass's fund jettisoned 52,497,275 shares of Nvidia's stock, which reduced its stake by 73% from the March-ended quarter. During the June-ended quarter, Yass oversaw the purchase of 2,347,500 shares of Broadcom, which increased Susquehanna's stake by 73% to 5,582,590 shares.

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Wealthy Families Fuel $20bn Private Equity Buyout Wave

Private Equity Insights

Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. stake in the supermarket to existing owners. stake in the supermarket to existing owners.

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Apollo mulls $9.5bn stake in Seven & i acquisition

Private Equity Insights

private equity firm is reportedly in talks to commit up to $9.5bn as part of the buyout, according to sources. However, discussions with other potential investors about their stakes are still underway. Initially, the buyout was valued at $57bn, surpassing the $47.5 Apollo Global Management Inc.

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Carlyle Group leads race to buy Medtronic units for $7bn

Private Equity Insights

The report, which is based on anonymous sources, states that the private equity group is discussing a deal that would give it a 65% stake at a valuation of more than $7bn. Medtronic would retain the remaining 35% stake in the new company created through the spinoff. Source: MEDTECHDIVE Can’t stop reading?