Brazilian conglomerate Ultrapar has tapped investment bank BTG Pactual to manage the potential sale of a stake in fuel distributor Ipiranga, two people familiar with the process told Reuters on Monday. Earlier in the...
Apollo to close acquisition of Atletico Madrid stake this week, says Expansion
U.S. fund Apollo’s sports investment arm Apollo Sports Capital will complete the acquisition of 55% of Spanish football club Atletico Madrid on March 12, Spanish newspaper Expansion said on Monday, citing...
KKR eyes multibillion-dollar sale of CoolIT Systems, FT reports
U.S. private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people...
Son of EssilorLuxottica founder nears deal to buy siblings’ Delfin stake, FT says
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica, the heir told the Financial Times in an interview published on...
Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal
Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres. Denso, a...
Netflix acquires Ben Affleck’s AI film-tech firm
Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner Ben Affleck that produces artificial intelligence-powered tools for movie production. Financial...
1Point1 Solutions completes $33.37 million acquisition of Netcom BCC
Business process management firm 1Point1 Solutions on Thursday said it has completed the acquisition of Costa Rica-based peer Netcom Business Contact Center SA for $33.37 million. The acquisition marks a strategic entry...
Belding India rises after subsidiary acquires 55% stake in Metafin Technology
Belding India added 3.21% to Rs 1749 after the company said that DC&T Global has completed the acquisition of 55% shareholding of Metafin Technology by way of subscription to fresh equity shares in Metafin. DC&T...
Whitestone REIT attracts takeover interest, faces proxy fights, sources say
Private equity firms including Blackstone and TPG have expressed interest in buying shopping center operator Whitestone REIT, three people familiar with the matter told Reuters. Houston-headquartered Whitestone, which...
Informa weighs selling stake in Monaco-based events assets, sources say
London-listed exhibitions group Informa is exploring selling a stake in its portfolio of Monaco-based luxury events, which include the Monaco Yacht Show and Top Marques Monaco, two people familiar with the matter said...
Advent says rejected Senior bid valued UK engineer at $1.52 billion
U.S. private equity firm Advent International has disclosed its rejected takeover proposal for British aerospace engineering firm Senior Plc valuing the company at approximately 1.14 billion pounds ($1.52 billion), or...
Cygnet.One Acquires Majority Stake in Connectivity IT Services to Expand Managed IT Capabilities
Cygnet.One today announced the acquisition of a majority stake in Connectivity IT Services, a Managed IT Services firm with expertise in infrastructure management, value-added product distribution, and 24×7 ATS...
