CVC Capital Partners, Advent International, Carlyle and Temasek are among private equity firms evaluating the acquisition of EQT Partners’ 40% stake in healthtech firm CitiusTech in a potential deal likely at...
NatWest to buy Evelyn Partners in $3.68 billion bid to break crowded wealth market
NatWest Group has agreed to buy one of Britain’s largest wealth managers, Evelyn Partners, for 2.7 billion pounds ($3.68 billion), including debt, in a bid to expand its wealth management business, the British...
Transocean to buy Valaris for $5.8 billion, expanding global offshore rig fleet
Oilfield services firm Transocean said on Monday it would acquire peer Valaris in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide...
China regulator approves Blackstone, TPG acquisition of medtech firm Hologic
China has approved private equity firms Blackstone and TPG’s acquisition of medical diagnostics firm Hologic, according to a list of deal approvals from the country’s market regulator released on Tuesday...
Dsm-firmenich agrees sale of animal health unit, $2.6 billion price tag disappoints
Chemicals group dsm-firmenich announced the long-awaited sale of its animal nutrition and health business on Monday, but the agreed enterprise value of around 2.2 billion euros ($2.6 billion) disappointed some investors...
Angola seeks 20%-30% stake in De Beers: Report
Angola is pursuing a 20%-30% stake in Anglo American’s diamond unit De Beers, a proposal being discussed with other diamond-producing African nations, a senior official from Angola’s mining ministry told...
Williams weighs buying gas-producing assets to enhance AI energy supply to hyperscalers, sources say
Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies to support its one-stop-shop offering to...
TPG buys majority stake in $3.5 billion power infrastructure firm Sabre Industries
Private markets firm TPG has agreed to buy a majority stake in Sabre Industries from Blackstone, the companies said on Friday, in a deal two people familiar with the matter said valued the power infrastructure company...
Morrisons explores $1.4 billion property financing deal, Sky News reports
British supermarket group Morrisons is exploring options to raise up to 1 billion pounds ($1.36 billion) secured against part of its large freehold store portfolio, Sky News reported on Friday, citing sources. The...
Japan’s Kirin to sell Four Roses bourbon brand to Gallo for $775 million
Japanese brewer Kirin Holdings said on Friday it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million. Kirin, which bought Four Roses in 2002, said it was looking to...
KNAV acquires majority stake in UAE’s Affiniax
Global accounting and consulting firm KNAV has acquired a majority stake in Affiniax Group, a UAE-based assurance and advisory firm, for an undisclosed amount. Both KNAV and Affiniax Group are members of Allinial...
Biotech firm PrimeGen to go public in $1.5 billion SPAC deal
Biotech firm PrimeGen US will go public in the United States through a $1.5 billion deal with blank-check company DT Cloud Star Acquisition, the companies said on Wednesday. The transaction is expected to close in the...
