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Grifols shares plunge as Brookfield drops takeover bid

Private Equity Wire

Grifols shares tumbled 10% on Wednesday after sources revealed that Canadian private investment giant Brookfield Asset Management is planning to abandon its takeover bid for the Spanish pharmaceutical company, according to a report by Bloomberg. Both Grifols and Brookfield declined to comment on the latest developments.

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Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private

Private Equity Insights

An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8bn offer to take department store chain Macy’s (M.N) A $2.4bn bid that a group of investors led by Arkhouse submitted two years ago for real estate investment trust Columbia Property Trust was unsuccessful. 1, the person said.

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EQT Revives $6.5bn Global Switch Deal

Private Equity Insights

An agreement could be reached in the coming months depending on the outcome of the due diligence, the people said. EQT was among the buyout firms that were in the final round of bidding for Global Switch, Bloomberg News reported in late 2022. and PAG and the owners were seeking a valuation of about $10bn for the assets.

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PE shop Rosemont stakes $4.5bn New York multi-family office

Private Equity Insights

The three-person leadership team will be led by co-managing partner Danny Graham, a manager research and due diligence head who left Bear Sterns & Co. read more British Columbia Pension Mulls $2bn PE Asset Sale British Columbia Investment Management Corp. Source: CityWire Can’t stop reading?

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BCI and Macquarie Offer to Take Renewi PLC Private

Pension Pulse

Last week, BCI issued a press release that it and Macquarie Asset Management offered to take Renewi PLC private: BCI and Macquarie Asset Management, through Earth Bidco B.V., Renewi agreed to give Macquarie access to confirmatory due diligence and said the offer is at a value that it would be inclined to recommend.

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Suyi Kim on What Drives Success at CPP Investments' Giant PE Portfolio

Pension Pulse

Our job is due diligence, and for deals that require a level of speed that makes the due diligence difficult, well, we won’t do the deal. focus on Quality in a challenging Market Kim is also preparing for tougher returns in the asset class ahead. “We I like to be able to sleep at night.”

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Omega Healthcare Investors (OHI) Q3 2023 Earnings Call Transcript

The Motley Fool

Michele Reber -- Senior Director, Asset Management Thank you and good morning. At this point, Omega is in discussions with a potential new tenant with the goal of a year-end close, subject to the normal due diligence, satisfactory documentation, and regulatory approvals. You may begin. It's a good question.

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