article thumbnail

Deutsche Bank lines up $200m financing for Blackstone’s renewed bid for Trans Maldivian Airways

Private Equity Insights

The bid for TMA is reportedly valued at under $500m. Blackstone initially took control in 2013 by merging TMA with Maldivian Air Taxi. The potential financing package, which may carry an interest rate of 10% or less, remains under negotiation. Blackstone has not yet formally mandated the funding.

Bidding 147
article thumbnail

Carney quits Brookfield to pursue bid to become Canadian PM

Private Equity Wire

Former Bank of England Governor Mark Carney has stepped down from his roles as Chair and Head of Transition investing at Canadian alternative investment giant Brookfield Asset Management to launch his bid to become the country’s next Prime Minister, according to a report by New Private Markets.

Bidding 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Smartest Dividend Stocks to Buy With $500 Right Now

The Motley Fool

Buy Agree Realty for dividend growth Agree Realty has grown rapidly over the past decade, expanding its portfolio from 130 properties in 2013 to 2,135 in 2023. That means it can bid on assets aggressively and still make profitable investments. You have options in the net lease space. Realty Income is more of a slow and steady tortoise.

Bidding 246
article thumbnail

TPG’s Columbia Asia in race to acquire Australia’s biggest private hospital operator for $1.5bn

Private Equity Insights

TPG Inc-backed hospital group Columbia Asia Sdn Bhd and Sunway Medical Centre, a unit of Kuala Lumpur-listed Sunway Bhd, were picked to proceed to the next round of bidding, said the people. Binding bids for Ramsay Sime Darby Health Care Sdn Bhd are due in October, the people said.

Bidding 130
article thumbnail

Garnett Station Partners, Authentic Restaurant Brands Will Add Fiesta Restaurant Group to Its Portfolio for a Value of $225m

Private Equity Insights

About Garnett Station Partners Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages over $2 billion of assets. For more information, please visit www.authenticrb.com. For more information, please visit www.garnettstation.com. Source: Business Wire Can’t stop reading?

article thumbnail

David Lloyd could be put up for sale as owners eye £2bn price tag

Private Equity Insights

TDR Capital bought the leisure firm back in 2013 for £750m. Read more Ascential unit attracts at least two bids as other buyers drop out, with a price tag of $1.02bn Ascential's consumer research unit continues to draw interest from a couple of parties including. Source: CITY A.M. Can’t stop reading? read more H.I.G.

article thumbnail

Revelstoke Capital Partners Raises Funds With $1.7bn of Committed Capital

Private Equity Insights

.” Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Revelstoke has raised three flagship private equity funds, three single-asset continuation vehicles under the EPIC series, and numerous co-investment vehicles since its inception in 2013. Since 2018, the firm has raised $3.7

Capital 130