Remove Bidding Remove Buyout Remove Shareholders
article thumbnail

I Squared considers $1bn HKBN bid

Private Equity Wire

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.

Bidding 96
article thumbnail

Update: Cinven seals €3.5bn exit from Viridium in landmark Allianz-led deal

Private Equity Insights

The deal marks a significant exit for the British buyout firm following heightened regulatory scrutiny of private equity ownership in the insurance sector. T&D Holdings will become the largest shareholder, while Allianz will acquire a 25% stake. The transaction values Viridium at 3.5bn, including debt.

Insiders

Sign Up for our Newsletter

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

article thumbnail

KKR and Bain’s $4bn Fuji Soft takeover battle signals new era for Japan M&A

Private Equity Wire

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.”

article thumbnail

Triton Partners acquires 10% Evotec stake ahead off potential takeover

Private Equity Wire

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%

Stakes 96
article thumbnail

KKR accuses Bain Capital of NDA breach in Fuji Soft acquisition battle

Private Equity Wire

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. KKR and Bain are engaged in competing tender offers for Fuji Soft, with bids reaching up to $2bn.

article thumbnail

Bain seals $3.36bn deal for Mitsubishi Chemical pharmaceutical unit

Private Equity Wire

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.

article thumbnail

Hershey's CEO Quit Unexpectedly in January: What Investors Need to Know

The Motley Fool

It comes shortly after an influential shareholder rejected a pricey takeover bid from a peer, which may or may not be a coincidence. So what might Buck's departure indicate, and could it portend a renewed buyout bid from that suitor? The bid amount wasn't made public. Start Your Mornings Smarter!

Bidding 245