Embassy Office Parks REIT has agreed to purchase Embassy Splendid TechZone, a Grade-A business park, from Embassy Sponsor, for an Enterprise Value of Rs 1,269 crore. The proposed acquisition marks Embassy REIT’s entry...
EDF plans partial sale of India clean energy assets
French energy company Electricite de France SA (EDF) plans to partially divest its clean energy assets in India as part of efforts to pare its debt of more than $50 billion, said multiple people aware of the development...
UBS sells $8 billion of Credit Suisse assets to Apollo
UBS has sealed the sale of Credit Suisse’s securitised products business to Apollo Global Management as part of efforts to shed non-core assets after its takeover of the collapsed banking group. Apollo will...
Liontrust Asset Management says it is not in talks to buy smaller rival Artemis
UK’s Liontrust Asset Management said on Tuesday it was not in talks to buy smaller rival Artemis in response to a report about a potential takeover. Liontrust recently held early-stage discussions with Artemis...
Liontrust Asset Management says it is not in talks to buy smaller rival Artemis
UK’s Liontrust Asset Management said on Tuesday it was not in talks to buy smaller rival Artemis in response to a report about a potential takeover. Liontrust recently held early-stage discussions with Artemis...
BluPine Energy acquires 369 MW solar assets from Acme Group
Renewable energy player BluPine Energy on Monday said it has completed the acquisition of 369 MW solar power assets from Acme Group. The 369 megawatts of solar capacity power assets are spread across Uttarakhand...
Endesa in advanced talks for renewable assets stake sale
Spanish power utility Endesa is in advanced negotiations to sell stakes in renewable assets and may have some news on the process in the first half of this year, its Chief Financial Officer Marco Palermo said on...
CenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 billion
CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Polymetal International agrees to sell Russian assets in $3.69 bln deal
Precious metals producer Polymetal International said on Monday it had agreed to sell its Russian assets in a $3.69 billion deal that takes into account the debt of the Russian business. Polymetal has been seeking to...
Actis to acquire Patel Infra’s HAM assets for Rs 1,500 crore
Actis, the UK based investor in sustainable infrastructure, will acquire a portfolio of operational and under-construction Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited (PIL). Actis has...
Alibaba considers sale of consumer assets including Freshippo, RT-Mart – sources
Chinese internet giant Alibaba Group opens new tab is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said...
Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge – sources
Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridge Investments, according to three people with knowledge of the...