22 July 2024

Overview of latest articles

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EssilorLuxottica acquires Supreme brand

EssilorLuxottica has agreed to acquire streetwear brand Supreme from VF Corporation for US$1.5 billion in cash. The acquisition will expand EssilorLuxottica's portfolio, which already includes the Ray-Ban and Oakley brands.

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Consortium led by Bain Capital acquires Envestnet

Bain Capital, along with other investors, is buying Envestnet for $4.5 billion, expanding its portfolio to include a financial software vendor that services 16 of the 20 largest U.S. banks. A group of investors including Reverence Capital, BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors are participating in the transaction.

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CPIPG sells 49% stake in CPI PIF to Sona Asset Management for EUR 250 million

UK-based Sona Asset Management has acquired a 49% minority stake in the Polish property portfolio of CPI Property Group (CPIPG) for EUR 250 million.

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