Nail salons are next in line for Starbucks-style expansion after decades of being overlooked by investors, the boss of the UK’s largest luxury chain has said, after clinching a £130 million valuation. Townhouse, which runs 40 luxury nail salons in the UK, said it was targeting hundreds of new franchised sites after securing backing from…
By Ankita Bora and Arasu Kannagi Basil (Reuters) – WaterBridge Infrastructure’s shares jumped 25% in their debut on the New York Stock Exchange on Wednesday, giving the midstream water management firm a market valuation of nearly $3 billion. Shares of the Houston, Texas-based company, which is backed by private equity firm Five Point, opened at…
(Reuters) -Goldman Sachs is poised to buy into ice cream maker Froneri at a 15-billion-euro ($17.13 billion) valuation including debt, the Financial Times reported on Friday. Reuters could not immediately verify the report. The deal, which could be signed as soon as September, would involve Goldman’s asset management division becoming the lead investor in a…
(Reuters) -U.S. publisher McGraw Hill is targeting a valuation of $4.2 billion in its IPO, the company said on Monday, joining other private equity-backed firms looking to take advantage of improved investor sentiment. Activity in the U.S. IPO market has ramped up after a few dull months due to trade policy confusions. New listings of…