Private equity firms eye Mattel

April 27, 2022

Mattel has held preliminary discussions with private equity firms including Apollo Global Management and L Catterton about a potential sale. The toy maker has come through some difficult years to right its business and put itself back into “growth mode,” according to CEO Ynon Kreiz.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.