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BlackRock to Auction Amazon Seller Once Valued at $1 Billion – BNN Bloomberg

Private Equity Insights

has initiated an auction for German startup SellerX, taking the unusually aggressive step after a loan granted to the Amazon aggregator soured. SellerX, once valued at $1 billion, was among dozens of startups with audacious plans to become digital age consumer conglomerates. BlackRock Inc. 17 at a Berlin hotel. has raised $1.7

Startups 130
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Bain Capital and Tata Group in bidding war to buy snack maker Haldiram’s at $10bn valuation

Private Equity Insights

Indian conglomerate Tata Group-owned Tata Consumer Products is reportedly in talks to acquire stakes in snack maker Haldiram’s. Source: Indian Startup News Can’t stop reading? According to a Reuters report, Tata Consumer Products wants to acquire at least a 51% stake in the brand.

Bidding 130
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L Catterton acquires majority stake in pilates chain Solidcore

Private Equity Wire

Buyout firm L Catterton, backed by luxury conglomerate LVMH, is to acquire a majority stake in the pilates studio operator Solidcore from VMG Partners, Peterson Partners, and Kohlberg & Company in a deal that values the fitness chain at $700m, according to a report by Reuters.

Stakes 98
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SK eyes $1bn gains from China copper foil firm exit

Private Equity Insights

2 conglomerate has been streamlining its investment portfolios to enhance its financial health and raise funding for new growth drivers such as AI, biotech and semiconductors. read more Bain Capital Invests in Sales Tech Startup Apollo.io The country’s No. The stake sale is expected to reduce SK Inc.’s

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Changing the Wrong Ratio

This is going to be BIG.

All I had to do was to name 5 black tech startup entrepreneurs in New York City when asked by a reporter to do so. If they work at a big food conglomerate creating veggies that grow in the desert, I think I'd rather them do that than try to create a better way for people to advertise on Twitter. More great ideas? Absolutely.

Startups 108
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Platinum Equity’s Solenis Closes $4.6bn Deal for Diversey

Private Equity Insights

Its addition will move Solenis firmly into general consumer markets, as Diversey has partnered with British conglomerate Reckitt Benckiser Group plc to distribute name brands like Lysol home cleaner, Dove soap, Suave bath products, Finish dish detergent, Endust dust cleaner, Air Wick air freshener, and more. “We

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e-Zinc Appoints Accomplished Financial Executive Rhonda Landers as CFO

Anzu Partners

Her experience spans diverse environments including startups, turnarounds and large industrial, public and private international companies in advanced materials and communications industries. Balki has successfully steered three startups from inception to exit and helped list one of them on NASDAQ.