| | Markets fall as Covid-19 cases increase…
This week began dominated by Covid-19 jitters. As cases outside China continue to grow, it led to some serious reconsidering of previous economic forecasts, upgrading the outlook of the effects the virus will have on the world economy. By mid-week, the world saw a steep increase in the number of confirmed cases, suggesting that a “widespread outbreak” is likely, which led to a sell off towards the end of the week.
The ensuing restrictions on travel led to cancellations of industry conferences globally and increased uncertainty in financial markets. PEW attended a private equity conference attended by many of the leading players in the Nordics on Thursday, which indicated healthy activity in the region and highlighted its ongoing efforts with regards to ESG and diversity, while acknowledging that more can be done in these areas on an industry wide level.
Private Equity Wire
| | | | | | | | | | | | Praesidian Capital exits PlanetHome | | Fri | 6 Mar 2020, 12:02 | | Praesidian Capital Europe, a provider of growth capital in the United Kingdom, Germany and Northern Europe, has exited its investment in PlanetHome Group. |
| | | | Argand Partners backs Midwest Can Company | | Fri | 6 Mar 2020, 12:02 | | Argand Partners, a New York- and San Francisco-based private equity firm, has agreed to acquire Midwest Can Company and Container Specialties. |
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