A significant development in the private equity space has captured the attention of analysts and investors alike. New Mountain Capital has successfully raised approximately $3 billion in funds to support the further development of Real Chemistry. This deal ranks among the largest in the history of single-asset acquisitions, highlighting the growing interest in the biopharmaceutical sector.
Following a weaker first quarter, Swedish retailer H&M reports a modest 1% sales growth in March, highlighting a challenging start to the spring-summer season. In the face of intense competition from major players like Zara and Shein, H&M is exploring new strategies to strengthen its brand.