article thumbnail

Shareholders reject Brookfield-EIG bid to acquire Origin Energy

PE Hub

The post Shareholders reject Brookfield-EIG bid to acquire Origin Energy appeared first on PE Hub. AustralianSuper plays a key role in preventing the takeover of the ASX-listed energy generator and retailer.

Bidding 185
article thumbnail

Blackstone Is Said to Seek A$5.5 Billion Loan for AirTrunk Bid

Private Equity Insights

billion) to back its bid for Australian data center operator AirTrunk, people familiar with the matter said. AirTrunk shareholders have been seeking around A$20 billion in the sale, people with knowledge of the matter have said. Representatives for Blackstone and AirTrunk’s main shareholders declined to comment. billion ($3.7

Bidding 130
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Apollo makes $11bn Paramount Pictures bid

Private Equity Insights

Apollo’s offer comes as as an independent committee of the company’s board of directors is reviewing a bid from Skydance Media for all of Paramount Global, which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, through the acquisition of holding company National Amusements.

Bidding 130
article thumbnail

Does Carvana's Debt Deal Set Shareholders Up for Losses?

The Motley Fool

Nonetheless, the deal, which eliminates most of its near-term debt obligations, appears to be financed mainly on the backs of shareholders. 2: Stock issuance Moreover, the company has implicitly told shareholders it will reduce the stock price by issuing up to $1 billion worth of additional shares. Reason No. Reason No. Reason No.

article thumbnail

Brookfield’s $10.6bn Origin Energy Bid Faces Review from AustralianSuper

Private Equity Insights

Origin Energy’s largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6bn takeover bid from a Brookfield-led consortium, reiterating its view that the offer is “substantially below” its estimate of the power producer’s long-term value. Under the new terms, the A$9.43

Bidding 130
article thumbnail

Apollo makes $11bn Paramount Pictures bid

Private Equity Wire

Apollo’s offer comes as as an independent committee of the company’s board of directors is reviewing a bid from Skydance Media for all of Paramount Global, which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, through the acquisition of holding company National Amusements.

Bidding 117
article thumbnail

Apollo Set to Make $6.26bn Bid for UK’s Pension Insurance Corporation

Private Equity Insights

is weighing a bid for UK’s Pension Insurance Corporation (PIC) in a deal that could value the company at about $6.26bn, Sky News reported on Wednesday. Privately held PIC, a specialist insurer of defined benefit pension schemes, is owned by shareholders including Luxembourg-based Reinet Investments and CVC Capital.

Bidding 130