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The firm recently emerged as the preferred bidder for an equity stake in Thames Water, Englands largest water utility, as it seeks to stabilise its finances through new investment. KKR and Stonepeak tabled a final offer of 49.4p The deal adds to KKRs growing exposure to UK infrastructure and real estate.
Cohen's Point72 bids adieu to potentially troubled AI stock Supermicro In Sizing the Prize , the analysts at PwC forecast a $15.7 Cohen's fund purchased 1,574,796 shares during the third quarter, which increased its stake by a cool 75% in three months. trillion increase in global gross domestic product by 2030, due to the rise of AI.
Barclays, which is managing the process, expects final bids in February 2025. Read more: [link] Tikehau Capital agreed to acquire a majority stake in TTSP HWP, a German technical advisory firm specialising in data centres. Bizzarris interest in Versace aligns with his strategic ambition to shape the luxury fashion landscape.
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. agreed to buy a Permian Basin rival and a controlling stake in. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc.
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. David Blitzer, a senior executive at Blackstone, owns a stake in German football team FC Augsburg.
PEP’s indicative bid represents a 31% premium to SG Fleet’s last closing share price. In response, SG Fleet’s largest shareholder, Super Group, which owns a 54% stake, expressed support for the decision to engage with PEP. “It
In a bidding war with rival private equity giant KKR, Bain raised its offer to JPY9,600 per share last week, a 1.6% premium over KKR’s JPY9,451 bid, and became hostile after Fuji Soft’s board rejected the offer in favour of KKR’s. Bain’s bid aims to acquire 50.1% Bain’s bid aims to acquire 50.1%
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.
on Monday after news that private equity firm Triton Partners has acquired a substantial stake in the drug discovery and development specialist ahead of a potential takeover bid for the company, according to a report by Bloomberg. Shares of Germany’s Evotec SE rose by up to 16.2%
Global private equity firm KKR has acquired a 35% stake in Japan-based software developer Fuji Soft after completing the first stage of its two-part buyout tender offer, Fuji Soft announced on Wednesday, according to a report by Reuters. stake in Fuji Soft, previously agreed to tender their shares to KKR at a price of JPY8,800 per share.
Private equity majors including Warburg Pincus, CVC Capital Partners and TPG are reportedly among bidders battling for a stake in Philippines private hospital business Metro Pacific, which could value it at about $3bn.
A consortium led by Mubadala Capital-backed private equity firm Fortress Investment Group and BlackRock is among several parties evaluating bids for Viridium Group, a German life insurance consolidator, according to a report by Bloomberg.
Three private equity groups are reportedly all set to make their binding bids for Gautam Adani’s six-year-old shadow bank, Adani Capital. Adani Capital was planning on an initial public offering (IPO) in 2024 to raise Rs 1,500 crore, and offering a 2 per cent stake. The company is working with Avendus for the sale process.
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.
CVC had previously been preparing a $1bn bid for the same portfolio. The firm already holds ownership in AC Milan, stakes in Alpine Formula One, the United Football League, and Fenway Sports Group, which owns the Boston Red Sox, Pittsburgh Penguins, and Liverpool FC. The sale process has been managed by The Raine Group.
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."
T&D Holdings will become the largest shareholder, while Allianz will acquire a 25% stake. The deal marks a significant exit for the British buyout firm following heightened regulatory scrutiny of private equity ownership in the insurance sector. The transaction values Viridium at 3.5bn, including debt.
A previous attempt to sell the company to EQT in 2023 collapsed, despite final bids reportedly valuing the firm at around $8bn including debt. In November 2024, CapitaLand Investment acquired a 40% stake in the firm for $208m, with options to take full control within five years. Can`t stop reading?
The Canadian investment firm is reportedly considering a bid that would value Grifols at 7bn ($7.55bn), with Morgan Stanley acting as adviser. The Grifols family, which holds the largest stake in the business, has declined to comment on the renewed talks.
sold a 20% equity stake in the failed Signature Bank’s commercial real estate loan pool to a joint venture led by Blackstone. The federal agency said it is keeping an 80% stake in the joint venture it created after putting the lender in receivership. sold a 20% equity stake in the failed Signature Bank's.
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.
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.
A high-stakes clash between private equity titans KKR and Bain Capital over a $4bn buyout of Fuji Soft is reshaping the landscape of mergers and acquisitions (M&A) in Japan, and could become a blueprint for more aggressive dealmaking in the country, according to a report by the Financial Times. The reputational stakes are incredibly high.”
Co-founder Teodoro D’Ambrosio is the group’s largest shareholder, with Blackstone, Goldman Sachs and Carlyle also holding stakes, a Prima spokesperson said, declining to comment on the fundraise. read more The post Blackstone-backed Prima seeks bids for minority stake in $1.1bn deal appeared first on Private Equity Insights.
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. Since then, it has funded bolt-on acquisitions including Wellframe and Altruista Health to expand the business.
US private equity firm KKR is reportedly considering selling its majority stake in Japanese supermarket chain Seiyu, in a deal estimated to be worth several hundred billion yen (equivalent to several billion dollars), according to a report from the Nikkei business daily on Tuesday. The Nikkei did not disclose its sources for the information.
This mechanism lets them buy and sell stakes in Moonfares funds, enhancing liquidity. Moonfares digital private equity platform fills that gap by offering seamless access to top global managers, he said. Investors benefit from a secondary market feature, with a biannual auction facilitated by Lexington Partners.
Sources indicate that QuadReal Property Group, a Canadian property investor, is also in the bidding process. read more AnaCap acquires majority stake in Italian insurance broker Edge Group AnaCap has taken a majority stake in Edge Group, an Italian insurance broking platform, marking.
PAI Partners has made a binding offer for a majority stake in Naxicap Partners-owned hospitality equipment and consumables business ECF Group. read more The post PAI Partners Bids for Stake in €760m-Revenue Naxicap-Backed ECF Group appeared first on Private Equity Insights.
A consortium including Blackstone Singapore state fund GIC and Abu Dhabi Investment Authority (ADIA) is in talks with India’s Haldiram’s for a majority stake in its snacks business at a valuation of up to $8.5bn, two sources with direct knowledge said. read more Blackstone-led consortium bids Haldiram Snacks at $8.5
Read more Goldman Sachs Raises $15bn to Buy Stakes in Private Equity Funds Goldman Sachs' asset management arm said two funds have closed, raising more than $15bn for funds. read more Toshiba says $13.5bn takeover bid by JIP succeeds, set to go private Private equity fund Japan Industrial Partners Inc.’s
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.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Essity has put its stake in Vinda under strategic review, the Swedish personal care product maker said in April. Its stake in Vinda is valued at about HK$9.8bil (US$1.3bil), based on the current stock price.
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.
billion) to back its bid for Australian data center operator AirTrunk, people familiar with the matter said. agreeing to acquire a 20% stake in Singapore Telecommunications Ltd.’s agreed to buy a Permian Basin rival and a controlling stake in. Billion Loan for AirTrunk Bid Private equity firm Blackstone Inc. billion ($3.7
Blackstone launched a $1.74bn bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen, Infocom said on Tuesday. The company’s current parent Teijin separately said it will sell all of its 58% stake in Infocom for 134.4 The tender offer will amount to 141.4
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Essity has put its stake in Vinda under strategic review, the Swedish personal care product maker said in April. Its stake in Vinda is valued at about HK$9.8bil (US$1.3bil), based on the current stock price.
That joint development agreement between Exxon, with 45% interest; Hess, with 30%; and a third partner, China's CNOOC , with a 25% stake, features a change of control provision giving the other partners the right to make a pre-emptive bid if one party tries to sell their stake. Chevron's stakes are much higher.
The high-stakes world of gaming has been abuzz since Microsoft (NASDAQ: MSFT) announced its bold move to acquire Activision Blizzard (NASDAQ: ATVI). Initially announced in January 2022, this potentially pivotal deal aimed to reshape gaming markets. regulatory agencies, have cast uncertainty on the merger's future.
The group already has a big stake in Macy’s through Arkhouse-managed funds and has discussed the proposal with the department store chain, whose board subsequently met to discuss the offer. read more The post Arkhouse and Brigade Unveil $5.8bn Bid to Take Macy’s Private appeared first on Private Equity Insights.
While Bridgepoint also pursued the acquisition, it ultimately made a lower bid than Apax, according to the reports. Evelyn Partners will now transition into a pure-play wealth manager, shedding its accounting and professional services operations. Representatives for Apax, Evelyn Partners, and Bridgepoint have not yet commented on the deal.
private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt (GVOLT.LS) that values the firm at 1.16 billion euros, after signing agreements to secure a controlling stake. A unit of U.S. Gamma Lux said in a statement it was offering 8.3 euros per Greenvolt share, 11.5%
Eni is drawing renewed interest from private equity and infrastructure investors as it moves ahead with a second stake sale in Plenitude, its renewable energy and retail arm, which could now command a valuation north of 11bn ($12bn) including debt, according to a report by Reuters.
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