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Despite its substantial asset base, the company employs just 79 people. Jonathan Murphy, CEO of Assura, said the deal would enable the company to accelerate its investment in critical healthcare infrastructure, leveraging the financial and operational support of two highly experienced private equity backers.
The company posted a reduced net loss of $2.85bn, down from $5.91bn in the same quarter last year. The company has responded by aggressively cutting costs, closing underperforming stores, and suspending its long-standing quarterly dividend earlier this year. The companys shares edged higher to $10.90
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 private equity giant KKR has increased its offer price for Japanese IT company Fuji Soft to JPY9,850 per share, surpassing a competing bid from rival buyout firm Bain Capital in an intensifying takeover battle, according to a report by Reuters. KKR first offered JPY8,800 per share for Fuji Soft in August 2023.
Investor discussions intensified after multiple bid vehicles, including Pug Bidco Limited, were registered on February 24. The deal, valued at approximately $4.1bn, marks the end of an intense takeover battle with Bain Capital, which ultimately withdrew its bid earlier this week. Read more here. Read more here.
Shares of Insignia Financial surged to a three-year high on Thursday after US-based private investment giant Bain Capital matched a revised takeover offer of AUD3.07bn ($1.92bn) from rival buyout firm CC Capital Partners, according to a report by Reuters. per share bid, which the Insignia board rejected in December as insufficient.
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 company is working with Avendus for the sale process.
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.
The investment will see HIG partner with the companys management team to accelerate growth across the platform. Founded in 1992, GetixHealth delivers a comprehensive suite of RCM services, including patient responsibility management, eligibility and enrolment, third-party claims resolution, insurance billing, and patient access support.
Moonfares portfolio investments provide diversified exposure across buyout, growth equity, venture, and infrastructure. Family offices and institutional-scale investors can directly invest in select companies alongside leading general partners. The platform also offers opportunities in secondaries, private credit, and co-investments.
This company has two gene therapies that the U.S. However, the biotech's experimental sickle cell disease gene therapy, lovo-cel, could be a game-changer for the company. That's a considerable revenue estimate for a company with a $405 million market cap at the time of this writing. However, a buyout is not guaranteed.
The company is reportedly considering using part of the proceeds to reduce its remaining debt burden. The company is reportedly considering using part of the proceeds to reduce its remaining debt burden. The original $44bn buyout of Twitter, later rebranded as X, included at least $12.5bn in debt.
London-listed property and healthcare infrastructure firm Assura appears poised to accept a 1.61bn private equity takeover bid from KKR and Stonepeak Partners. The board has indicated it is minded to recommend the offer, should a firm bid be made at the latest proposed terms of 49.4p A consortium led by Warburg Pincus and KKR & Co.
A high-stakes clash between private equity titans KKR and Bain Capital over a $4bn buyout of Fuji Soft is reshaping the landscape of mergers and acquisitions (M&A) in Japan, and could become a blueprint for more aggressive dealmaking in the country, according to a report by the Financial Times. The reputational stakes are incredibly high.”
A growing number of private equity giants are considering new ways of exiting their portfolio companies — from private IPOs to selling their stakes to rivals – as they hunt for ways to return cash to investors, according to one of Europe’s largest buyout firms. read more Blackstone-led consortium bids Haldiram Snacks at $8.5
on Monday after news that private equity firm Triton Partners has acquired a substantial stake in the drug discovery and development specialist ahead of a potential takeover bid for the company, according to a report by Bloomberg. Shares of Germany’s Evotec SE rose by up to 16.2%
US private equity giant KKR has escalated its battle with rival buyout firm Bain Capital over the acquisition of Japanese software company Fuji Soft, accusing Bain of violating a non-disclosure agreement (NDA), according to a report by Reuters. The board has demanded Bain destroy the data, alleging misuse.
Blackstone launched a $1.74bn bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen, Infocom said on Tuesday. The company’s current parent Teijin separately said it will sell all of its 58% stake in Infocom for 134.4 The tender offer will amount to 141.4
Such a move has the potential to secure its position as the world's third-largest gaming company based on revenue. The deal could deliver the company the means to shape the future of gaming across multiple platforms, including Windows PC and its own line of Xbox gaming consoles. and the clock is ticking.
The transaction is styled as a management buyout with the backing of US-based Bain Capital Private Equity. Outsourcing’s board has already voted in support of the buyout, according to an announcement today. Over recent years, the company has grown internationally through an ambitious acquisition strategy.
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.
There's going to be a new nameplate before long on a C-suite door of candy company Hershey (NYSE: HSY). Just after market hours last Friday -- considered by many public relations professionals to be a suitable time slot to release bad news -- it announced that CEO Michele Buck will exit the company. The bid amount wasn't made public.
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.
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.
Epiris, a British-based buyout firm and Newlat, an Italian food manufacturer are vying for control of Princes Foods, one of Britain’s biggest tinned produce brands. The auction is the latest attempt by Mitsubishi Corporation, the giant Japanese conglomerate which owns Princes, to offload the company.
Private-equity group Sycamore Partners is considering a potential bid to purchase department store chain Macy’s (NYSE:M), according to a report in the New York Post. billion take private bid from investing firm Arkhouse and hedge fund Brigade earlier this month. The report comes after Macy’s rejected a $5.8 trillion ($965.47
billion including debt on Wednesday, topping a rival bid from KKR & Co (KKR.N) Arcline’s bidding war with KKR had already forced the latter to sweeten its deal with Circor to $1.7 valve production companies. Arcline said its bid was supported by financing from BMO Capital Markets Corp and Bank of Montreal.
Sources said Ramsay – which has a market value of almost $12bn and 74 hospitals and clinics around the country – submitted a non-binding indicative bid to sell-side adviser Citi earlier this month. Sources cautioned there was no certainty Ramsay’s indicative bid would progress to a binding offer, nor that a signed deal would materialise.
paves the way for a ¥2 trillion ($13.5bn) buyout that would end the electronics group’s 74-year-long run as a listed entity. That clears the way for the domestic fund to squeeze out the remaining shareholders and take full control of the company in what is set to be Japan’s biggest deal this year. Sumitomo Mitsui Banking Corp.
THL prevailed in an auction for the company over other private equity firms because its bid was favoured by Standish’s management, which currently holds a roughly 45% stake in the business, one of the sources said. Around 200 employees of Standish own a stake in the company, according to its website.
The French company has suffered from political uncertainty in its home market and its shares have lost around 8% in 2024. Read more South Korea’s Hahn & Co raises $3.4bn for new buyout fund Aircraft landing gear maker Héroux-Devtek Inc. Source: Reuters Can’t stop reading?
After shares surged earlier this week on a partnership with Amazon and a $3 billion contract with the Defense Department, they jumped again late Friday on reports that Qualcomm (NASDAQ: QCOM) had approached its rival about a possible takeover, showing the struggling semiconductor company could be in play. Intel stock closed up 3.3%
The company was created as the world's largest independent, pure-play contract logistics company with close to 1,000 warehouses in North America and Europe. In a challenging logistics environment, GXO has largely executed well, and the company has grown both organically and through acquisitions. Image source: GXO Logistics.
Investment firm MNC Capital has raised its all-cash buyout offer for Vista Outdoor – a provider of shooting and outdoor sports products, to $43 per share, up from its previous offer of $42 per share, valuing the business at $2.51bn, according to a report by Reuters. bn bid for Vista’s ammunition business, Kinetic Group.
Private equity firms Clayton Dubilier & Rice and Permira have made a bid to acquire French cybersecurity specialist Exclusive Networks, in a deal that values the company at approximately €2.2bn ($2.4bn), according to a report by Bloomberg. The binding offer is for €24.25 The binding offer is for €24.25
Blackstone launched a $1.74bn bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen, Infocom said on Tuesday. The company’s current parent Teijin separately said it will sell all of its 58% stake in Infocom for 134.4 The tender offer will amount to 141.4
The London-based private equity firm was in the second stage of bidding for WGSN, which has a price tag of 800 million pounds ($1.02 media group Hearst Communications also abandoned plans to pursue a bid, one of the sources and a fourth source familiar with the matter said. billion), they said. read more H.I.G.
billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it cut debt and pay a special dividend. billion buyout offer appeared first on Private Equity Insights. New World Development (NWD) (0017.HK) HK) is set to bag as much as HK$21.78 billion ($2.78 HK) stock for up to HK$35.47
CoStar Group (NASDAQ: CSGP) , the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (NASDAQ: MTTR) , a virtual tour software platform, for an enterprise value of $1.6 3) What chance is there that something still better will transpire -- a competing takeover bid, for example? and $94.61 $2.75
Read more Bain Capital, CVC Capital Partners and DCP Capital Move Ahead in the Bidding for Essity AB’s Majority Stake In Tissue Maker Vinda International Holdings Which Has a Value of $2.4bn Suzano SA, the world’s largest producer of hardwood pulp, and several private equity firms are. Bloomberg Source: The Star Can’t stop reading?
Blackstone has withdrawn its bid to acquire a stake in the company holding the media rights to German football’s Bundesliga as opposition from fans to the involvement of foreign private capital reached fever pitch, according to a report by Bloomberg.
There is the publisher that owns the ad space, the supply side platform (SSP) that sends out the bid request for the publisher, the advertiser looking to buy ad space, and then the demand side platform (DSP), which is what The Trade Desk is. These results allowed the company to create an excellent balance sheet with $3.8 million to 5.3
Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg. Lending limits have also increased.
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