Archer sells Rebel to Super Retail Group
Archer Capital has exited Rebel Group, Australia’s largest sporting goods chain, to camping and auto parts store owner Super Retail Group for A$610 million ($630 million). The transaction is expected to close on October 31.
The acquisition will be funded through with as well as A$334 million in cash generated through an entitlement offer, Super Retail said in a filing. The new stock will be sold at A$5.34 per share, an 17.8%...
More on Consumer
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.