Equity Value: Percent and Equity Group

equity value: The private equity group run by Stephen Schwarzman, together with the Canada Pension Plan Investment Board, will own half of the UK-based group which also operates Madame Tussauds wax museum, according to Global Times China. Denmark's Kirkbi, the investment company of Lego's founding family, currently has a 30 percent stake and is set to increase this to 50 percent. That is a fair summary of Blackstone's deal to help take Legoland owner Merlin Entertainments private at a 4.8 billion pound 6.07 billion equity value. Their offer is worth 37 percent more than the company's closing price before activist investor Value Act Capital publicly called for a sale in May. The trio's plan to regain losses differs greatly from the standard private-equity process of increasing leverage, slashing costs and flipping a business. Including debt, the enterprise value is 5.9 billion pounds - 12 times the 2018 EBITDA, against an average of 11 times for US and European buyouts in recent years. (news.financializer.com). As reported in the news.