British healthcare property developer Assura has rejected a 1.56 billion pound ($2 billion) acquisition bid from KKR and pension fund Universities Superannuation Scheme, the U.S.-based private equity group said on...
H&E accepts Herc Rentals’ $5.3 billion bid, FT reports
H&E Equipment Services has accepted a roughly $5.3 billion takeover bid from Herc Rentals, rebuffing an earlier acquisition offer from equipment rental rival United Rentals, the Financial Times reported on Tuesday...
Dubai-based Huda Beauty sells fragrance line KAYALI to co-founder and General Atlantic
Dubai-based Huda Beauty will sell its popular fragrance brand KAYALI to its co-founder and General Atlantic in a move that allows the beauty company’s owners to buy back a stake held by TSG Consumer Partners since...
Bain Capital ends acquisition battle with KKR for Fuji Soft
U.S. private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company. Bain had said last week it might...
Australia’s Perpetual gets new offer from KKR for its wealth, trust units
Australia’s Perpetual confirmed on Monday it received a revised proposal for its wealth management and corporate trust businesses from buyout firm KKR & Co, but said the offer includes commercial terms that...
CD&R exploring stake sale in UK’s Motor Fuel Group, Sky News reports
U.S. private equity firm Clayton Dubilier & Rice (CD&R) is exploring the sale of a stake in UK’s Motor Fuel Group (MFG) at a valuation of about 7 billion pounds ($8.8 billion), Sky News reported on...
Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the...
Diamondback in talks to buy Double Eagle for more than $5 billion, source says
Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, a person familiar with the matter said on Friday. Last year, Reuters reported that Double...
Spanish group from Basque Country agrees to buy 29.7% of Talgo
A Spanish consortium from the Basque Country, made up of shareholders in steel maker Sidenor, the regional government and local lender Kutxabank, has reached an agreement to buy 29.7% of train maker Talgo, Talgo said on...
India’s Asian Paints to exit Indonesia in nearly $6 million deal
India’s Asian Paints said, on Friday it will sell its Indonesian business to Australia’s Omega Property Investments for S$7.5 million ($5.6 million), citing growth challenges nine years after entering the...
Nissan and Honda ditch $60 billion merger talks, face new uncertainty
Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty and highlighting the pressure on legacy automakers from Chinese rivals upending the industry...
Vale in advanced talks to sell Brazil renewable assets to GIP, sources say
Brazilian mining giant Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm Global Infrastructure Partners (GIP), two people familiar with the...
