Dutch electricity grid operator TenneT will consider listing its German operations or selling them to a third party, it said on Thursday, as talks between The Hague and Berlin have so far failed to agree a sale to the...
Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore
Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore, Asia’s main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and...
Canadian miner Hudbay sees BHP’s bid for Anglo boosting copper assets
The CEO of Canadian miner Hudbay Minerals said BHP Group’s $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies’ willingness to pay a premium to...
Macquarie Asset Management to sell stake in UK offshore wind farm
Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain’s East Anglia ONE offshore wind farm to renewable energy asset manager NTR. East Anglia ONE is a 714 megawatt wind...
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...
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...
hBits forays into Pune property market, acquires asset in CyberCity Magarpatta
Fractional ownership platform hBits is looking to raise over Rs 55 crores for a pre-leased commercial asset it has acquired in Pune marking its foray in the second largest city in Maharashtra. The property is leased to...
Embassy REIT to acquire Splendid TechZone asset in Chennai
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...