Private equity firms Summit Partners and Vista Equity Partners are exploring a potential sale of Trintech that could value the financial software provider at about $2 billion, including debt, according to people...
Warburg Pincus-Lendlease venture buys Singapore property assets for $1.2 billion
Warburg Pincus and Australian real estate group Lendlease said on Tuesday their joint venture has acquired property assets in Singapore for S$1.6 billion ($1.2 billion). The portfolio is comprised of business parks and...
No plan to sell stake now: Punjab Kings’ Burman
Indian Premier League (IPL) team Punjab Kings majority owner Mohit Burman, embroiled in an ownership conflict with co-owner Preity Zinta, said he would meet all requirements whenever he decides to partly sell his stake...
Final bids value Deutsche Bahn’s Schenker at around 14 bln euros, sources say
Deutsche Bahn’s logistics unit Schenker has received final bids from Danish transport firm DSV and a consortium led by CVC Capital Partners, with each valuing the business at around 14 billion euros ($15.6...
Taiwan’s CTBC raises bid size for Shin Kong to 51% stake
Taiwanese conglomerate CTBC Financial late on Friday raised its bid for Shin Kong to a 51% stake of the company, challenging an existing plan for its smaller rival to merge with Taishin. Updating a previous announcement...
Meritage explores $2 bln sale of Columbia Distributing, sources say
Investment firm Meritage Group is exploring the potential sale of Columbia Distributing that could value the U.S. beverage distributor at about $2 billion, including debt, according to people familiar with the matter...
Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 bln, cuts forecast
Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its annual results forecast, sending its shares down about 17%. The...
KKR to offload 17% stake in InvIT Indigrid
Esoteric, private equity firm KKR’s affiliate, will sell a 17.3% stake in energy InvIT – India Grid Trust (IndiGrid) for $213.6 million, company said on Wednesday. IndiGrid is India’s first listed power...
Oaktree Is Near Deal to Buy Majority Stake in Two B. Riley Units
Oaktree Capital is in exclusive talks to acquire a majority stake in two businesses owned by B. Riley Financial Inc., according to people with knowledge of the matter. B.. Riley shares rose as much as 14%. Oaktree is...
UK watchdog says Barratt-Redrow merger remedies may win nod
The UK competition regulator has “reasonable grounds to believe” that the remedial measures offered by homebuilders Barratt and and Redrow may be accepted, paving the way for the completion of their proposed...
Zappfresh acquires Mumbai-based Bonsaro to expand its online meat delivery business
Startup Zappfresh, which sells meat through its online platform, has acquired Mumbai-based Bonsaro to expand its business in West India. In a statement on Tuesday, Zappfresh said it has acquired Bonsaro (Majestic...
Startek Expands UK Operations with Acquisition of a Strategic stake in Intelling
Startek, a global leader in customer experience management solutions, today announced the acquisition of a controlling interest in Intelling, a United Kingdom-based customer acquisition and retention specialist. This...
