private-equity

Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

Bankrupt U.S. teen retailer Aeropostale Inc received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, according to people familiar with the matter. Investment firm Versa Capital Management LLC did not submit a bid for

Read more from the original source:
Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale

private-equity

China’s PBOC flags stimulus restraint but says policy should be flexible

By Xiaoyi Shao and Kevin Yao BEIJING (Reuters) – China's central bank won't resort to excessive stimulus to bolster growth but will keep a flexible stance in the event of an economic shock – domestic or global, Governor Zhou Xiaochuan said while reiterating the authority's prudent monetary policy. Under the banner of prudent policy, the Chinese central bank has cut interest rates six times since November 2014 and has also reduced the amount of …

Originally posted here:
China’s PBOC flags stimulus restraint but says policy should be flexible

private-equity

Exclusive: Apollo Global nears deal to acquire Fresh Market – sources

The deal would underscore Apollo's confidence that it can turn around companies in the highly competitive U.S. grocery sector. The New York-based buyout firm's past investments include Sprouts Farmers Market and Smart & Final Stores Inc . Apollo has prevailed in

Read more here: 
Exclusive: Apollo Global nears deal to acquire Fresh Market – sources