Remove Assets Remove Bidding Remove Private Equity Firms
article thumbnail

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.

Bidding 97
article thumbnail

B&B Hotels attracts bids of over €3bn from KKR & CVC

Private Equity Insights

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.

Bidding 130
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Warburg Pincus, Lendlease Acquire $1.23 Billion in Singapore Industrial Assets

Private Equity Insights

private-equity firm Warburg Pincus and Australian real-estate company Lendlease Group have acquired a US$1.23 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. Billion US pipeline operator ONEOK Inc.

Assets 130
article thumbnail

TDR Capital and Sycamore Partners Consider Teaming Up for Joint Subway Bid Valued at Around $9bn

Private Equity Insights

Private equity firms TDR Capital and Sycamore Partners are reportedly considering joining forces in a bid to buy global sandwich chain Subway. JPMorgan Chase & Co, the investment bank advising Subway, has given the private equity firms interested in buying the company a $5 billion acquisition financing plan.

Bidding 130
article thumbnail

Apollo Set to Make $6.26bn Bid for UK’s Pension Insurance Corporation

Private Equity Insights

Private equity firm Apollo Global (APO.N) is weighing a bid for UK’s Pension Insurance Corporation (PIC) in a deal that could value the company at about $6.26bn, Sky News reported on Wednesday. is weighing a bid for UK's Pension Insurance Corporation. is weighing a bid for UK's Pension Insurance Corporation.

Bidding 130
article thumbnail

Fortress and BlackRock eye joint bid for €3bn German insurer Viridium

Private Equity Wire

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.

Bidding 96
article thumbnail

Warburg, Kelso Make Bid for Femsa’s $5bn Envoy Unit

Private Equity Insights

Mexican Coca-Cola bottler Femsa is in talks to sell a US packaging and food services business to private equity firms Warburg Pincus and Kelso & Co. Kelso would do the deal through portfolio company BradyIFS, said the people, who asked not to be identified discussing private information.

Bidding 130