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

Private Equity Insights

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.

Buyout 147
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Top private equity news of the week

Private Equity Insights

The $6bn sale of the iconic Italian brand, owned by Capri Holdings, has attracted high-profile bidders, including Prada Group, Investcorp, and private equity firm Permira. Barclays, which is managing the process, expects final bids in February 2025.

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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).

Bidding 97
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Blackstone and Bain make multi-billion dollar bid for Mitsubishi Chemical division

Private Equity Wire

Global private equity firms Blackstone and Bain are reportedly in the final stages of bidding for Mitsubishi Tanabe Pharma, a subsidiary of Japan’s Mitsubishi Chemical Group, in a deal expected to be valued between $3bn and $3.5bn, according to a report by Reuters.

Bidding 96
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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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EQT tops Bundesliga media rights bidding at $14bn, trailed by CVC, Blackstone, and Advent

Private Equity Insights

EQT AB is leading the bidding as private equity firms compete for a stake in the media rights business of the Bundesliga, Germany’s main football competition, people with knowledge of the matter said. has pegged it at $13.1bn, the people said, asking not to be identified because the information is private.

Bidding 276
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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. Both Grifols and Brookfield declined to comment on the latest developments.

Bidding 97