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TDR Capital takes majority stake in Asda

Private Equity Insights

Private equity firm TDR Capital is set to become the majority stakeholder in UK supermarket chain Asda, through the acquisition of a 22.5% stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. stake in Asda, while US retail giant and Walmart holds 10%. Mohsin Issa retains a 22.5%

Stakes 130
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Tata Capital to Acquire Stake in Premium Fashion Brand Rare Rabbit, Valued at $300m

Private Equity Insights

India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300m, as it seeks to bet on the country’s affluent shoppers, three sources familiar with the matter said. Rare Rabbit founder Manish Poddar and Tata Capital declined to comment.

Stakes 244
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TDR Capital to aquire Asda stake from billionaire Issa brother

Private Equity Insights

TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as the private-equity firm tightens its grip on one of Britain’s biggest supermarket chains, according to people familiar with the discussions. The agreement for Issa’s 22.5% Since 2015, TDR has backed most of their significant acquisitions.

Stakes 130
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Style Capital acquires majority stake €300m in sneaker brand Autry

Private Equity Insights

Private equity firm Style Capital has reportedly snapped up a majority stake in sneaker label Autry International as part of its ongoing efforts to transform various brands into iconic names. The deal was made with Pambianco’s The Made in Italy Fund and Autry founders, the Doro family, who will retain a 42 percent share in the company.

Stakes 130
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Reverence Capital Partners Seeks Buyer for $2.5bn Stake in Osaic

Private Equity Insights

A minority stake in one the largest broker-dealers in the United States could be sold off by its private equity owners, according to a report by Bloomberg. The unnamed sources say that discussions with potential buyers are ongoing and could result in a larger stake being sold. The rebrand to Osaic took place earlier this year.

Stakes 130
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Blackstone Sells $1.1bn of Private Equity Fund Stakes to Ares

Private Equity Insights

billion portfolio of private equity fund interests to Ares Management Corp. The portfolio consists of older fund stakes that Strategic Partners had acquired from institutional sellers, according to people with knowledge of the matter, asking not to be identified discussing confidential information. Blackstone Inc.’s

Stakes 130
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Eurazeo Sells Stake in MCH Private Equity for €80m Investment in MCH V Fund

Private Equity Insights

French private equity firm Eurazeo has sold its 25% stake in MCH Private Equity, an asset manager specialising in small-cap private equity investments in Spain. As a result of the transaction, which is subject to regulatory approval, Eurazeo retains an €80m investment in the MCH V fund having first invested in the firm in 2019.

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