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Despite its substantial asset base, the company employs just 79 people. For Stonepeak, which specialises in infrastructure and real assets, the Assura deal reinforces its commitment to long-duration, yield-generating platforms in the UK and Europe. KKR and Stonepeak tabled a final offer of 49.4p
CVC Capital Partners is reportedly preparing a bid to acquire The Telegraph Media Group, marking a potential milestone as the first private equity takeover of a UK news outlet. Sources indicate that CVC, known for its investments in sports brands such as the Six Nations and La Liga, is exploring the possibility of submitting a formal bid.
Insignia Financial, Australias third-largest superannuation player, has attracted a third suitor, with Brookfield Asset Management entering the fray to acquire the money manager with an AUD3bn ($1.9bn) offer, according to a report by Reuters. Shares of Insignia surged 7.6% to a three-year high of AUD4.65, slightly exceeding the AUD4.60
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.
US investment firm I Squared Capital is considering a bid for Hong Kong-listed broadband provider HKBN, which could value the company at up to $1bn, according to a report by Reuters citing two sources familiar with the matter. This potential higher bid adds a layer of competition to HKBNs lengthy buyout process.
US infrastructure investor Stonepeak, which manages over $70bn in assets, and FitzWalter Capital, known for distressed debt investments, have also submitted proposals but are seen as less likely to proceed with firm bids. The process remains fluid, with all bids currently non-binding. Can`t stop reading?
In fact, it's probably a smart idea to take his perspective, at least with some assets. Buy assets when they are priced cheaply Buffett is a stickler for buying stocks at an appropriate valuation. In crypto, this equates to not buying assets when everyone is talking about them and sentiment is high. Start Your Mornings Smarter!
A consortium led by Mubadala Capital-backed private equity firm Fortress Investment Group and BlackRock is among several parties evaluating bids for Viridium Group, a German life insurance consolidator, according to a report by Bloomberg.
The transaction, which is yet to be finalised, forms part of a wider asset divestment strategy by Endeavor Group Holdings. CVC had previously been preparing a $1bn bid for the same portfolio. Other firms, including EQT, Providence Equity Partners, and sovereign wealth interests from Saudi Arabia, were also reportedly eyeing the assets.
HIG Europe also submitted a bid earlier in the process, though its participation in the final stages is uncertain. The auction highlights continued investor appetite for platform healthcare assets, particularly in segments backed by recurring public sector contracts. Palamon acquired the company from Carlyle in 2021.
The private equity giant, managing $1 trillion in assets, is purchasing the stake from New Mountain Capital, Citrin Coopermans previous majority owner. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc. This could mark Blackstones first investment in the accounting sector. Billion US pipeline operator ONEOK Inc.
A 13F is a required filing for institutional investors with at least $100 million in assets under management (AUM) that provides a concise snapshot of the stocks Wall Street's most prominent money managers are buying and selling. For example, investors may have been so swamped by other news events that they completely missed the Nov.
Three private equity groups are reportedly all set to make their binding bids for Gautam Adani’s six-year-old shadow bank, Adani Capital. The funds are reportedly looking at a 100 per cent buyout Adani Capital has $40bn of assets under management and $8bn in book value. The group is expecting 2-2.5
The private equity firm is negotiating the acquisition of the unit, which oversees approximately 400bn ($436bn) in assets, Bloomberg reports. Discussions have progressed significantly, and the deal could be completed in the coming weeks. However, no official agreement has been signed, and negotiations remain confidential. Can`t stop reading?
The fundraising spanned two years, during a period marked by falling asset valuations and rising interest rates that brought an end to a decade of ultra-cheap capital. The close cements the firms position as a major buyer-in-waiting, with considerable dry powder available to target distressed or mispriced assets as conditions stabilise.
BID III's limited partners include public and private pension plans, sovereign wealth funds, financial institutions, endowments, foundations and family offices. The post Brookfield Asset Management wraps up third infrastructure debt fund appeared first on PE Hub.
The firm manages $185bn in assets and owns Zelis, a leading healthcare payments business. Earlier this year, Bain also made a take-private bid for Surgery Partners. The current deal signals renewed appetite for high-growth software assets and underscores continued investor confidence in healthcare tech.
A previous attempt to sell the company to EQT in 2023 collapsed, despite final bids reportedly valuing the firm at around $8bn including debt. Founded in 2004, SC Capital manages approximately $6bn in assets across opportunistic real estate, core-plus, and infrastructure strategies.
The auction comes amid growing private equity appetite for assets in the agri-health and life sciences sectors, where defensiveness and global demand continue to underpin investment interest. The Dutch-Swiss company has mandated UBS Group and Piper Sandler to run the process and is expecting indicative offers by 17 April.
Sycamore Partners acquisition of Walgreens marks one of the largest retail healthcare take-privates in recent memory and reflects increasing private equity interest in distressed, restructuring-prone assets with embedded value in core operating segments. Can`t stop reading?
Since then, the insurer has expanded through acquisitions, including Skandia and Entis, growing its assets under management from 5bn to 67bn and its policyholder base from 600,000 to 3.4 Cinven first acquired Viridium, then known as Heidelberger Leben, from Lloyds Banking Group for 300m over a decade ago.
With over 3.3bn ($3.4bn) in assets under management and nearly 5,000 investors, Moonfare has built a global network of 71,000 family offices, industrial families, and private investors. Investors benefit from a secondary market feature, with a biannual auction facilitated by Lexington Partners.
KKR and Bain Capital have each submitted first-round bids exceeding $5bn for the non-core assets of Japan’s Seven & i Holdings, according to a report by Reuters citing sources familiar with the matter. KKR bid approximately JPY800bn ($5.1bn) for York Holdings, a unit being spun off by the Japanese retailer.
Two major private equity firms, KKR and CVC, have submitted bids exceeding €3bn for B&B Hotels, a French budget hotel chain that was founded in Brest, Brittany in 1990, and has since expanded to 17 European countries, according to a report by the Times.
The market was awash with speculation over a potential takeover bid from German industrial giant Bosch following a Reuters article on the matter. The German company is reportedly looking at bidding for Whirlpool (NYSE: WHR). There's no secret to it. Should you invest $1,000 in Whirlpool right now?
billion bid for the FTSE 100 fund manager today from a private equity consortium, a deal that will end its time as a listed company. Peter Hargreaves still owns 20% of the firm, which has £155 billion in assets under management. Assets under management rose 16% to just over £155 billion and it added 78,000 clients in the period.
Steel announced a strategic alternatives process -- a phrase most often coinciding with a company's decision to explore a sale -- stating it had received "multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company." billion bid for U.S. On Friday, however, U.S.
He noted a growing demand for Balbecs asset-based and specialty finance strategies as investors seek diversification. Balbec has deployed more than $23bn globally since its inception in 2010, focusing on delivering risk-adjusted returns across asset-based credit strategies. The fund has already called 51% of capital commitments.
According to Reuters, Bosch has been talking to potential advisors about the possibility of a bid for Whirlpool. But the acquisition would make sense, and investors are bidding up shares of Whirlpool today in hopes Bosch will move forward with a deal. Is Whirlpool stock a buy?
The firm, which is majority-owned by private equity group Permira, is one of the UK’s largest wealth managers, overseeing £63bn in assets under management. While Bridgepoint also pursued the acquisition, it ultimately made a lower bid than Apax, according to the reports.
Insignia Financial’s shares surged to a three-year high on Monday after the Australian financial services company announced an AUD2.87bn ($1.78bn) takeover bid from US-based private investment firm CC Capital Partners, according to a report by Reuters. CC Capitals non-binding bid represents a 7.5% per share cash offer.
The company highlighted that buying Hess would add the Stabroek block in Guyana, which the company called "an extraordinary asset with industry-leading cash margins and low carbon intensity that is expected to deliver production growth into the next decade." At issue is the value of Guyana in relation to Hess' other assets.
Akzo Nobel NV, the Dutch parent, announced in October that it plans to divest non-core assets, starting with its South Asia decorative paints unit. The sale includes operations in India, Pakistan, and Sri Lanka, with non-binding offers expected by mid-March.
FDIC officials are now in final discussions to declare Blackstone’s bid as bringing the lowest costs to the agency, some of the people said. The bidding process had lured finance companies including Starwood Capital Group and Brookfield Asset Management Ltd. Such deals can be complex.
billion portfolio of Singapore assets in what they said was one of the largest deals involving a private portfolio of industrial assets in the city-state. “This represents one of the largest transactions of a private portfolio of industrial assets in Singapore,” Warburg Pincus and Lendlease said.
Iberdrola, with deep pockets after the sale of assets in Mexico, started preparing an offer for ENWL in November, Reuters reported previously. For its part, Engie is eager to augment its exposure to regulated assets like power and gas networks, aiming to increase their contribution to its core earnings from the current 35% to 50% by 2026.
For Rite Aid’s 1,900 remaining retail stores, the company will receive bids for the physical store assets through January 19. The post Rite Aid’s retail store auction rescheduled for January 24 appeared first on PE Hub.
KKR, which made the investment through its private credit funds and accounts, said the deal aligns with its asset-based finance strategy. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up In late June, asset manager Ares Management also inked a deal with PacWest Bancorp for a $3.54
Brookfield Asset Management, together with its co-investors, has taken a major step toward completing a 6.1bn ($6.4bn) acquisition of Neoen SA, having secured around 53% of the companys shares, according to a report by Bloomberg. per share.
The sale comes amid a surge in private equity-led buyouts in Japan, as companies divest non-core assets to enhance corporate and shareholder value. This figure includes a $47bn takeover bid for Seven & i Holdings by Canadian retailer Alimentation Couche-Tard.
The company’s net asset value per share grew from £18.86 In November, the company surpassed £20bn in assets for the first time thanks to the rapid growth of Action, which it holds a majority stake in and now makes up 65 per cent of its assets. Meanwhile, its share price increased six per cent over the quarter but fell 3.1
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.
In 2021, there was a bubble due to zero-percent interest rates that artificially increased demand for almost every speculative asset. Bitcoin is an anti-inflationary asset. That makes Bitcoin's long-term performance meaningful. Most cryptocurrencies haven't revisited those 2021 highs since the bubble popped in 2022, but Bitcoin has.
Reuters recently reported that the company is currently evaluating several bids for this business and that it could make a decision on whether to sell in the coming weeks. Tellurian doesn't have the scale to operate its gas assets profitably in the current environment. billion of total assets. Meanwhile, the company only had $1.3
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