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KKR in battle with Bain Capital over $4bn takeover of Fuji Soft

Private Equity Insights

Bain Capital confirmed on Tuesday that it destroyed the confidential information obtained during the due diligence process, but would continue with the (now hostile) bid for Fuji Soft. Meanwhile, Fuji Soft’s founding family has expressed its support for Bain’s bid.

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Brookfield weighs $7.4bn bid for Spain’s Grifols

Private Equity Wire

Canadian private equity firm Brookfield is reportedly considering a €7bn ($7.4bn) takeover bid for Spanish pharmaceutical company Grifols and is completing due diligence on the plasma-based drugmaker, according to a report by El Confidencial. Brookfield is said to be evaluating a public tender offer at €10.5

Bidding 98
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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
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Albemarle Wants to Consolidate Lithium Production With a Key Acquisition -- Is the Stock a Buy?

The Motley Fool

With due diligence of Liontown's assets now underway, is Albemarle stock a buy now? If Albemarle's due diligence yields a green light, and Liontown agrees to the final terms, Liontown would be acquired for 3 Australian dollars per share, valuing the company at AU$6.6 billion, or $4.3 billion, or $4.3

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Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private

Private Equity Insights

Arkhouse and Brigade believe Macy’s is undervalued in the public markets and have indicated a willingness to raise the offer subject to due diligence, the WSJ report said, adding that an investment bank has provided a letter supporting the group’s ability to raise the necessary financing to get through the deal.

Bidding 130
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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. It remains unclear if the two parties might resume negotiations in the future, the sources said.

Bidding 97
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Ascential unit attracts at least two bids as other buyers drop out, with a price tag of $1.02bn

Private Equity Insights

BC Partners recently dropped out of the auction to buy WGSN due to concerns over the seller’s expectations on price, three sources said, speaking on condition of anonymity. 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 billion), they said.

Bidding 130