ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Ares Management backs Toys ‘R’ Us owner WHP at $1.6 billion valuation
BLOOMBERG WHP Global, the owner of the Toys ‘R’ Us and Express retail brands, has secured $375 million in growth capital from private equity giant Ares Management Corp. The transaction values the company at $1.6 billion, according to a statement reviewed by Bloomberg News. The investment will add significant cash to the retail operator’s balance sheet and spur its “next ...
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