Allegro Funds has agreed to acquire a portfolio of Australian and New Zealand furniture and household goods brands – including Best & Less, Harris Scarfe, Postie, and Debenhams Australia – from South Africa-based retail holding company Steinhoff International.
The assets in question comprise the general merchandise division of Greenlit Brands, a subsidiary of Steinhoff that primarily operates in Australia and New Zealand. They include 322 stores and more than...
Sequoia Capital closed its latest set of funds for deployment in India and Southeast Asia with $1.35 billion in commitments.
Ucommune, a Chinese co-working space operator that failed to get traction with an attempted New York IPO last year, has been acquired by a US-listed special purpose acquisition company (SPAC) at a valuation of $764.9 million.
Indies Capital, a Singapore-based GP focused on Indonesia, has reached a first close of $100 million for its third flagship private equity and credit fund.
EQT has submitted a revised offer to acquire New Zealand retirement village player Metlifecare at a lower valuation after facing a legal challenge over its attempt to terminate a previously agreed deal.