Private Equity
Private equity firm CVC Capital Partners is in exclusive talks with French peer Evolem to buy its majority stake in insurer APRIL, Reuters reported.
1 min read · 31 December 2018
Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens of thousands of workers, a spokesman for the billionaire’s hedge fund told Reuters Friday.
3 min read · 31 December 2018
German elevator parts maker Wittur Group said on Friday that Canada’s Public Sector Pension Investment Board entered into an agreement with owner Bain Capital Private Equity to acquire a 32 percent stake in the company, Reuters reported.
1 min read · 28 December 2018
Pan-European exchanges group Euronext NV (ENX.PA), which plans a bid to buy Oslo Bors OSLO.NFF, said on Friday it had now secured the backing of a majority of shareholders in the Norwegian stock market operator.
2 min read · 28 December 2018
The New York Yankees are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team’s regional sports network, Yes, the Wall Street Journal reported on Friday, sources told Reuters.
1 min read · 28 December 2018
France’s Vinci (SGEF.PA) is paying about 2.9 billion pounds ($3.7 billion) for a majority stake in Gatwick, adding the second busiest airport in Britain to its portfolio despite the shadow of Brexit, Reuters reported.
2 min read · 27 December 2018
Visa Inc (V.N) is paying 198 million pounds ($250.6 million) to buy Earthport Plc (EPO.L), a British firm that facilitates international transactions for banks and businesses, the U.S.-based payments group said on Thursday, Reuters reported.
2 min read · 27 December 2018
Japan’s Sun Corp (6736.T) is looking to sell up to 50 percent of Israeli digital intelligence provider Cellebrite at a valuation of $400 million, a leading Israeli financial newspaper said on Wednesday.
1 min read · 26 December 2018
MYOB Group Ltd (MYO.AX) said on Monday it would recommend U.S. private equity giant KKR & Co’s (KKR.N) buyout offer for the Australian accounting software maker.
2 min read · 24 December 2018
Malaysian budget carrier AirAsia Group Berhad (AIRA.KL) will sell a portfolio of 25 planes to U.S. private investment firm Castlelake LP for $768 million, it said on Monday.
1 min read · 24 December 2018