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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. The ongoing stake sale talks are Rare Rabbit’s first external fundraising exercise.

Stakes 244
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Intel Is Selling a Stake in Its AI Software Business -- Does That Make Intel Stock a Buy for 2024?

The Motley Fool

With some outside investment help from data center, cell tower, and internet infrastructure manager DigitalBridge Group , as well as a consortium of other investment firms, Intel has spun off Articul8 AI as a separate company. Of course, Intel did announce a slew of new chips aimed at various AI applications in December.

Stakes 244
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TPG to sell majority stake in talent agency giant CAA to Artémis

PE Hub

Singapore-headquartered investment firm Temasek will remain a minority investor in CAA while CMC Capital remains a strategic partner. The post TPG to sell majority stake in talent agency giant CAA to Artémis appeared first on PE Hub.

Stakes 183
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Verdane acquires majority stake in Corlytics

Private Equity Insights

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. The investment will support the Corlytics’s continued growth. Verdane invested in Corlytics via its newly raised €1.1bn Edda III Fund.

Stakes 130
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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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6 Investment Firms Just Increased Their Stakes in MGM Resorts Stock. Should You Do the Same?

The Motley Fool

That's because a clutch of institutional investors have recently placed chips on the company through investments in its stock. The gaming tables at casino operator MGM Resorts International (NYSE: MGM) are getting crowded. Let's take a brief look at who these players are and a longer one at what's likely piquing their interest in the company.

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Kinetik to sell stake in GCX; Tim Short and Michael Hamilton launch Acadia

PE Hub

Ex-KKR Managing Director Short co-founds new energy transition investment firm. The post Kinetik to sell stake in GCX; Tim Short and Michael Hamilton launch Acadia appeared first on PE Hub.

Stakes 153