In a series of purchases this month, Quarto’s controlling shareholder CK Lau and his company 1010 Printing Limited have increased their holdings in the publisher. 1010 Printing acquired another 125,000 shares — giving them just over 37 percent of shares outstanding — and Lau personally acquired another 60,000 shares, holding a little over 4 percent of the company. At the higher end of the financial landscape, repeated efforts by the Springer Nature joint venture to launch an IPO are off the table following a refinancing earlier this summer. Private equity firm BC Partners, which owned a 47 percent share (alongside […]
