Private Equity
Buyout firm Blackstone Group LP (BX.N) and privately held LLOG Exploration Company are working with an investment bank to sell their Gulf of Mexico oil exploration joint venture for more than $2 billion, sources told Reuters.
2 min read · 07 November 2018
Elon Musk’s Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources told Reuters
1 min read · 07 November 2018
EQT’s owners have invited investment banks to pitch to take the Swedish private equity firm public following a strategic review, sources familiar with the matter told Reuters.
2 min read · 07 November 2018
Private equity firm Thoma Bravo LLC has approached Symantec Corp (SYMC.O) to express interest in acquiring the Norton antivirus software maker, sources told Reuters.
2 min read · 06 November 2018
Rival consortia led by U.S. buyout fund KKR (KKR.N) and Germany’s insurer Allianz (ALVG.DE) are among the four main contenders for a stake in the fiber network business of Dutch-based telecom company Altice (ATCA.AS), sources told Reuters.
2 min read · 06 November 2018
Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp (SBUX.O) in China, is targeting a valuation of $1.5 billion to $2 billion as it launches a new round of funding, sources told Reuters.
2 min read · 06 November 2018
Thoma Bravo said on Monday it would buy software security firm Veracode for $950 million, the latest addition to the technology-focused buyout group’s cybersecurity portfolio.
1 min read · 05 November 2018
DWS Group (DWSG.DE), Deutsche Bank’s (DBKGn.DE) asset manager, has entered into a binding agreement to acquire an equity stake of 15 percent in Dubai-based Neo Technologies, the companies said on Sunday.
1 min read · 05 November 2018
Australian veterinary clinics operator Greencross Ltd (GXL.AX) said on Monday it has received a A$5.55 a share takeover offer from an entity owned by U.S. private equity firm TPG Capital, valuing the company at A$668.6 million ($481.4 million).
1 min read · 05 November 2018
Investment bank Goldman Sachs (GS.N) reached an agreement with Turkey’s Jolly Tur to buy a second stake in the company, the Turkish travel agency said on Monday.
1 min read · 05 November 2018