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General Atlantic has closed a follow-on investment in Odoo, a provider of open-source integrated business software applications for small and medium-sized enterprises, valuing the company at €7bn.
The post Deal Roundup: General Atlantic doubles down on Odoo at €7bn valuation, Southfield Capital snaps up The Perfect Franchise appeared first on AltAssets Private Equity News.
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"I can't, for the life of me, see how this makes sense on any level — personal or financial."
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Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.
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The giant asset manager announced plans for a new target-date 401(k) that taps into private markets.
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