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KKR and Stonepeak secure £1.61bn Assura buyout after bidding war

Private Equity Insights

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.

Buyout 147
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New Space Force Program Boosts America's Smallest NewSpace Companies

The Motley Fool

Forty companies in total offered to perform demonstration missions for Space Force, and nearly half of these companies made the cut, being named "prime contractors" that will be allowed to bid for future contracts under the HALO program. Most of the companies you've probably never heard of before -- but a few you might.

Companies 244
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Rocket Companies (RKT) Q3 2024 Earnings Call Transcript

The Motley Fool

Rocket Companies (NYSE: RKT) Q3 2024 Earnings Call Nov 12, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for standing by, and welcome to the Rocket Companies third quarter 2024 earnings conference call. Image source: The Motley Fool. You may begin.

Companies 241
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Fuji Soft backs Bain in PE bidding war

Private Equity Wire

Japanese IT company Fuji Soft’s founding family has reaffirmed its support for a takeover proposal by private equity firm Bain Capital, despite opposition from Fuji Soft’s board, according to a report by Reuters citing a jointly released statement with Bain. Bain’s bid aims to acquire 50.1% Nozawa, who owns 18.6%

Bidding 96
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PEP makes $780m takeover bid for SG Fleet

Private Equity Wire

Australian vehicle leasing and management company SG Fleet has entered exclusive negotiations with Pacific Equity Partners (PEP) following a takeover proposal from the private equity firm that values the company at around AUD1.2bn (US780.1m). PEP’s indicative bid represents a 31% premium to SG Fleet’s last closing share price.

Bidding 97
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Brookfield joins $1.9bn Insignia bidding war

Private Equity Wire

The report cites Insignia as confirming Brookfield’s bid, which matches offers already made by Bain Capital and CC Capital. Brookfield, headquartered in New York and listed in Toronto, has also provided Insignia shareholders with the option to take equity in its unlisted bid vehicle, adding a layer of flexibility to its proposal.

Bidding 90
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Blackstone and EQT advance in bidding war for waste firm Urbaser

Private Equity Wire

Private equity giants Blackstone and EQT have moved into the second round of bidding to acquire Urbaser, a global waste management company which could be valued at up to 5bn, according to a report by Reuters citing unnamed sources familiar with the matter.

Bidding 93