Private Equity
Talks between U.S. fund manager Guggenheim Partners and Munich Re (MUVGn.DE) have concluded without a deal, Bloomberg News reported on Friday.
1 min read · 24 August 2018
Shareholder advisory firm Glass Lewis & Co has recommended that shareholders of hotel owner LaSalle Hotel Properties (LHO.N) oppose the buyout by private equity firm Blackstone Group LP (BX.N), in a victory for LaSalle’s unwelcome suitor Pebblebrook Hotel Trust (PEB.N), Reuters reported.
2 min read · 24 August 2018
Venture firm Lead Edge Capital, which has backed companies such as Uber and Spotify, has raised its largest fund to date in the latest sign of the rush of capital flowing into private tech companies, Reuters reported.
2 min read · 23 August 2018
China Logistics Property Holdings (CNLP) (1589.HK), backed by e-commerce giant JD.com Inc (JD.O), plans to set up funds with industry players to co-invest in warehousing projects in a bid to ease capital pressure and double its domestic market share, Reuters reported.
2 min read · 22 August 2018
The manager of Australia’s Investa Office Fund (IOF.AX) said on Wednesday that two funds affiliated to Blackstone Group (BX.N) raised their offer to buy the real estate investment trust, making the deal potentially worth A$3.20 billion ($2.34 billion) on a distribution adjusted basis.
1 min read · 22 August 2018
China’s leading heavy machinery maker Sany Group plans to spin off four business units and is looking to rope in private equity (PE) firms as investors for the deal that could fetch a total of $2 billion, sources told Reuters.
2 min read · 20 August 2018
Private equity firm TPG Capital is considering investing in India’s Jet Airways Ltd (JET.NS) but is not close to finalizing a deal, sources told Reuters, a plan that could raise money for the beleaguered airline.
2 min read · 20 August 2018
China Biologic Products Holdings Inc (CBPO.O) on Monday received a $3.9 billion all-cash offer from a consortium of investment firms led by the company’s former chief executive David Gao, Reuters reported.
1 min read · 20 August 2018
Investment firms are exploring a buyout of Yum China Holdings Inc. (YUMC.N) in what could be one of Asia’s biggest M&A deals this year, sources close to the situation told Reuters.
3 min read · 16 August 2018
U.S. private equity firm Blackstone Group LP (BX.N) is in talks to acquire a stake in the frequent-flier loyalty program of Jet Airways (India) Ltd (JET.NS), Bloomberg reported on Wednesday, citing people familiar with the matter.
2 min read · 15 August 2018