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KKR and Stonepeak tabled a final offer of 49.4p per share to secure the transaction, outbidding a 1.5bn proposal from Primary Health Properties (PHP), which Assuras board deemed insufficient.
CVC Capital Partners is reportedly preparing a bid to acquire The Telegraph Media Group, marking a potential milestone as the first private equity takeover of a UK news outlet. Sources indicate that CVC, known for its investments in sports brands such as the Six Nations and La Liga, is exploring the possibility of submitting a formal bid.
Australia’s Insignia Financial has turned down Bain Capital’s AUD$2.67bn ($1.69bn) takeover offer, stating that the bid fails to reflect fair value for its shareholders, and blocking Bain’s Asia expansion, according to a report by Reuters. and still below Bain’s bid after falling 2.8% earlier in the session.
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.
PEP’s indicative bid represents a 31% premium to SG Fleet’s last closing share price. Following the announcement, SG Fleet’s stock soared by 20% to AUD3.20, reflecting optimism among investors. It is in the interests of all SG Fleet shareholders to engage with PEP,” the company said in a statement.
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. Despite Bain raising its bid to JPY9,600, KKR had previously held firm until now.
A previous attempt to sell the company to EQT in 2023 collapsed, despite final bids reportedly valuing the firm at around $8bn including debt. The business has been intermittently up for sale since 2022, when shareholders expressed interest in exploring a full or partial exit.
The Australia expansion allows eligible investors to access funds from top managers like KKR, EQT, and the Carlyle Group with lower investment minimums. Family offices and institutional-scale investors can directly invest in select companies alongside leading general partners.
Among the strongest contenders are KKR, Hong Kong-based infrastructure investor CKI, hedge fund Covalis Capital, and London-based Castle Water. The process remains fluid, with all bids currently non-binding. FitzWalters proposal suggests a minority equity investment in partnership with other investors rather than a full takeover.
A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc. This could mark Blackstones first investment in the accounting sector.
It's been an excellent year for stock market investors. Investors who believe the company is still in the early stages of a long-term global opportunity could consider adding the stock to a diversified portfolio. So, while IBM doesn't have the explosive momentum as Palantir, its main advantage for investors is a compelling valuation.
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!
HIG Europe also submitted a bid earlier in the process, though its participation in the final stages is uncertain. The auction highlights continued investor appetite for platform healthcare assets, particularly in segments backed by recurring public sector contracts. Palamon acquired the company from Carlyle in 2021.
Stokelys startup Zoop, backed by a cryptocurrency foundation, has submitted a late-stage plan to bid for the short-form video platform, according to Reuters. Blackstone is in discussions to join ByteDances existing non-Chinese investors, including Susquehanna International Group and General Atlantic, to help fund a potential bid.
Last year, the small rocket company bid for and won a contract of unspecified value to try to figure out how to save NASA some money with a "simplified, end-to-end mission concept that would be delivered for a fraction of the current projected program cost and completed several years earlier than the current expected sample return date in 2040."
KKR has increased its bid for Japanese IT firm Fuji Soft to JPY9,850 per share, surpassing Bain Capitals latest offer in an escalating $2bn takeover contest. Bain had recently raised its bid to JPY9,600 per share, but KKRs latest move represents a more than 4% increase over its prior JPY9,451 per share offer. Can’t stop reading?
In November, Wall Street and investors were privy to a flood of important data releases. For example, investors may have been so swamped by other news events that they completely missed the Nov. For example, investors may have been so swamped by other news events that they completely missed the Nov. Image source: Getty Images.
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.
However, SpaceX is a private company , and its shares aren't available to retail investors, making smaller players like Rocket Lab USA the only way for the general public to bet on this opportunity. Management has already revealed plans to use this platform to bid on Pentagon contracts, putting it in direct competition with SpaceX.
Investor discussions intensified after multiple bid vehicles, including Pug Bidco Limited, were registered on February 24. While investors fear stricter regulations, analysts at Jefferies believe the CMA will push for greater transparency rather than impose price controls. percent in the 12 weeks to January 2.
Brookfield Asset Management, together with its co-investors, has taken a major step toward completing a 6.1bn ($6.4bn) acquisition of Neoen SA, having secured around 53% of the companys shares, according to a report by Bloomberg. per share.
Attention, space investors! 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. missile defense for a response. But have you heard about HALO?
On Friday, April 19, Virgin Galactic (NYSE: SPCE) told investors that it was planning to conduct a reverse split of its stock, potentially reducing every 20 shares of space stock they owned (or 15, 10, 5, or just 2) to just one single, solitary share. And Virgin Galactic investors did not like that news one bit.
The successful close underlines Blackstones continued dominance in real estate fundraising and highlights investor confidence in the firms ability to navigate cyclical volatility. According to James Seppala, head of European real estate at Blackstone, the latest raise coincides with early signs of recovery in the market. Can`t stop reading?
The acquisition will see Brookfield take full control of Colonial from a consortium of five shareholders, including KKR (23.4%), CDPQ (16.5%), IFM Investors (15.8%), Koch Inc. The Canadian investment firm is reportedly considering a bid that would value Grifols at 7bn ($7.55bn), with Morgan Stanley acting as adviser. Read more here.
The report cites unnamed sources familiar with the matter as revealing that Bain Capital has begun evaluating a potential bid, exploring various strategies with advisers. However, a potential bid by Bain or any other party would face hurdles. Both Bpifrance and Credit Agricole also declined to comment.
While initial pricing offered attractive yields, investor demand declined amid broader financial market volatility. The decision comes as leveraged loan markets experience renewed pressure, with investors reducing exposure to riskier debt instruments. Bankers raised the interest spread on the senior loan to 4.5
Minority investors including Coatue Management are also set to sell their stakes in the deal. Earlier this year, Bain also made a take-private bid for Surgery Partners. The current deal signals renewed appetite for high-growth software assets and underscores continued investor confidence in healthcare tech.
On Friday, KKR announced a tender offer of JPY9,451 per share for Fuji Soft, narrowly surpassing Bain’s competing bid by JPY1. Despite this endorsement, the report cites unnamed insiders describing the situation as a “straight bidding war,” with both firms nearing the maximum they are willing to pay.
Lastly, TSMC might be trying to avoid a bidding war that might erupt between Intel and Samsung for ASML's first batch of high-NA systems, which each cost over $300 million. For now, Intel's investors are likely focused on the cyclical recovery of the PC market, which should finally stabilize its sales of desktop and laptop CPUs this year.
The market was awash with speculation over a potential takeover bid from German industrial giant Bosch following a Reuters article on the matter. The German company is reportedly looking at bidding for Whirlpool (NYSE: WHR). What should investors do? Image source: Getty Images. Should you invest $1,000 in Whirlpool right now?
The refinancing received strong support from the companys investor base, with over 97% of bondholders backing the extension. The recapitalisation arrives 18 months after Wheel Topco considered an acquisition of Wagamama owner Restaurant Group but ultimately opted not to pursue a bid due to market conditions. over the first two months.
Being an investor in Roku (NASDAQ: ROKU) could best be described by the opening words of the Charles Dickens novel A Tale of Two Cities : "It was the best of times, it was the worst of times." This would seem to rule out any takeover bid. What does this mean for investors? Image source: Getty Images.
That provides investors with tighter bid-ask spreads and helps the ETF price track the net asset value of the fund's holdings. The simplicity of an ETF that tracks Bitcoin is a great option for those investors, and I wouldn't hesitate to buy either the Blackrock or Fidelity fund in that situation. and Bitcoin wasn't one of them.
In other words, NSSL3(1) is an umbrella contract that states the total amount of money up for grabs and lists all the space companies that can bid on the contracts to fulfill individual launches and be paid for them. So Rocket Lab can bid on the individual launches. A minimum of 30 launches are anticipated under NSSL3(1).
Sources indicate that QuadReal Property Group, a Canadian property investor, is also in the bidding process. Blackstone, a leading private equity investor in real estate, reviewed the opportunity but opted not to participate. JP Morgan is overseeing the auction, which is anticipated to fetch well over 1bn.
Regional investor Unexo has taken a minority stake, backed by Caisse Rgionale de Crdit Agricole Atlantique Vende. The investment supports Relais Desserts expansion plans, with Cerea Partners aiming to scale the companys boutique network across western France.
And while not many investors know this yet, Blue Origin is currently in the process of bidding to buy a second space company: the joint venture between Boeing and Lockheed Martin that is known as United Launch Alliance. No one knows if Blue Origin will win the bid. He's also the guy who founded space company Blue Origin.
Let's take a look at how things are shaping up and what investors may want to do about it. And, considering how hot the tech sector has been in the current bull market, many investors might be more interested in how that index has performed. February might be great for romance, but it stinks for the stock market. Or, so says history.
To that end, the foundation has paid out nearly $54 billion since 2000, in its bid to take on "the toughest, most important problems," including disease and poverty around the globe. The foundation's trust holds stakes in dozens of companies in its portfolio, but 87% is made up of just these five stocks. Image source: Getty Images.
Investors are reacting to the mixed news by bidding oil prices higher on Wednesday. That said, I don't think investors should get too excited about this one-day shift in oil prices. At last report, WTI crude oil prices had risen 2% to roughly $62.60 Is ConocoPhillips stock a buy? or in Conoco's stock price, either.
Now, Rocket Lab isn't the only company bidding on MSR. To the contrary, everyone who's anyone in space , from SpaceX to Blue Origin to L3Harris (NYSE: LHX) , Lockheed Martin (NYSE: LMT) , and Northrop Grumman (NYSE: NOC) is also bidding on the contract. These other companies are all said to be bidding between $5.8
BlackSky Technology (NYSE: BKSY) missed analyst forecasts for both sales and earnings earlier this month, but investors didn't seem to mind very much. per share instead of just $0.65), investors' enthusiasm for the stock is a little surprising. million rather than the $27.5 million forecast), and missed on earnings, too (losing $0.66
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