Financial information company S&P Global is weighing options for its mobility business, including a full sale, three people with knowledge of the matter told Reuters. The New York-listed group, known for its rating...
Satellite firm SES to buy Intelsat for $3.1 bln, debt concerns sink shares
Satellite company SES has agreed to buy Intelsat S.A for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer’s shares to a record low. SES...
Union announces talks with Carlyle on majority stake in Thyssenkrupp Marine Systems
Germany’s IG Metall union on Tuesday said it had preliminary talks with Carlyle on the investment firm taking a majority stake in Thyssenkrupp Marine Systems and agreed to push for an agreement as quickly as...
PG&E in talks with KKR to sell interest in Pacific Generation
PG&E said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co’s unit, as the utility firm seeks funding to improve its energy grid. PG&E...
Investcorp to acquire NSE’s technology services business
Investcorp, a global alternative investment firm, has acquired NSEIT, the digital technology business of the National Stock Exchange (NSE) for Rs1000 crore, stated a press release. The transaction excludes the digital...
Govt to take decision on Hindustan Zinc OFS after testing market: Mines Secretary
The government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on...
L’Occitane’s billionaire owner Geiger to take firm private in $1.8 bln deal
Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French skin-care firm private, valuing it at a maximum of HK$13.91 billion ($1.78 billion), the company said on...
Blackstone to make improved bid for Hipgnosis, Sky News reports
Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday. Blackstone’s bid...
L’Occitane’s billionaire owner close to possible $7 billion buyout bid, Bloomberg reports
The billionaire owner of L’Occitane International is close to making a proposal to take the French skincare firm private as early as Monday in a deal that could value it at about $7 billion including debt...
Thoma Bravo to buy UK’s Darktrace for around $5.3 bln
Private equity firm Thoma Bravo agreed to buy Britain’s Darktrace for $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity company. The...
PE firm GTCR to buy wealth management platform AssetMark for $2.7 bln
Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial, in a deal that would take the wealth management platform private more than five years after its initial public offering. The...
KKR to buy $1.64 bln student housing portfolio from Blackstone’s REIT
Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday. The over 10,000-bed portfolio...
