Private Equity
U.S. building product makers NCI Building Systems Inc (NCS.N) and privately-held Ply Gem Parent LLC said on Tuesday they will merge in an all-stock deal, creating a company with an equity valuation of about $2.6 billion, Reuters reported.
2 min read · 18 July 2018
Mobile phone infrastructure company China Tower is planning to raise up to about US$8.8bn from a Hong Kong IPO at a valuation of up to US$35bn, sources told Reuters.
1 min read · 18 July 2018
Dyal Capital Partners, a subsidiary of asset manager Neuberger Berman Holdings that acquires stakes in private equity firms, is in advanced talks to buy a minority stake in credit investment firm Golub Capital, sources told Reuters.
2 min read · 17 July 2018
Alphabet Inc’s venture capital unit GV led a $16 million investment this month in Peerspace Inc, a self-serve online booking tool for event spaces, the firms told Reuters on Tuesday.
2 min read · 17 July 2018
John Laing Infrastructure Fund (JLIF.L) said on Monday it was in talks with a consortium of funds about a possible cash buyout offer that could value the company at 1.41 billion pounds ($1.9 billion).
2 min read · 16 July 2018
Liver cancer treatment maker Sirtex Medical (SRX.AX) said on Monday that the U.S. Federal Trade Commission cleared its $1.4 billion buyout by a Chinese consortium, clearing a major hurdle for the deal to go through.
1 min read · 16 July 2018
Germany’s Linde (LING.DE) said on Monday it would fetch $3.3 billion from selling assets to a consortium of German gases firm Messer and buyout group CVC in a deal to secure antitrust clearance for its planned $87 billion merger with U.S. group Praxair (PX.N).
1 min read · 16 July 2018
Apple Inc (AAPL.O) will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.
1 min read · 13 July 2018
France’s La Poste is planning to buy the stake in insurer CNP Assurances (CNPP.PA) held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalized, a source close to the mail company told Reuters on Thursday.
1 min read · 13 July 2018
Buyout firm Apollo Global Management LLC (APO.N) has approached Nexstar Media Group Inc (NXST.O), an operator of television stations that reach nearly 40 percent of U.S. households, to express interest in acquiring it, sources told Reuters.
2 min read · 12 July 2018