U.S. investment firm Alinda Capital Partners is seeking buyers for Reliance Comfort L.P., a Canadian provider of heating and cooling systems, in a deal that could value the company C$3 billion to C$4 billion, sources told Reuters.
1 min read · 08 March 2017
U.S. private investment firm Alinda Capital Partners is seeking buyers for Reliance Comfort LP, a Canadian provider of heating and cooling systems, in a deal that could value the company at $3 billion to $4 billion, sources told Reuters. Alinda has hired Canadian Imperial Bank of Commerce and Goldman Sachs as financial advisers for the sale, the sources said. The sale is seen attracting interest from Canadian pension funds and U.S. private equity firms, added the sources, who declined to be identified as the process is confidential.
1 min read · 08 March 2017
Japan's SoftBank is to place a roughly $8 billion stake in ARM, the British chip designer it bought last year, into a technology investment fund it has created with Saudi Arabia, the Financial Times reported on Wednesday.
2 min read · 08 March 2017
Liberty Global (LBTYA.O), the international telecommunications company controlled by American tycoon John Malone, and Zain (ZAIN.KW), a Kuwait-based telecommunications operator, are investing in iflix, a Malaysian provider of streaming video, iflix announced on Tuesday.
2 min read · 07 March 2017
Private equity firm Mid Europa Partners (MEP) plans to sell a minority stake in Polish mountain tourism firm Polskie Koleje Linowe (PKL) in an initial public offering (IPO) later this year, one of its partners told Reuters.
1 min read · 07 March 2017
Brookfield Asset Management Inc said it would buy one of the two "yieldcos" of bankrupt U.S. solar company SunEdison Inc and take a 51 percent stake in the other, for a total of about US$2.5 billion, Reuters reported. Canada's largest alternative-asset manager will acquire TerraForm Global Inc for about US$787 million and buy 51 percent of Terraform Power Inc for US$1.7 billion. TerraForm Global owns or has contracts to acquire 952 megawatts of wind and solar power in Brazil, India, China, South Africa, Thailand, Malaysia and Uruguay. TerraForm Power owns about 2,967 megawatts of solar and wind assets in the United States, Canada, the United Kingdom and Chile.
3 min read · 07 March 2017
Brookfield Asset Management Inc (BAM.N) (BAMa.TO) said on Tuesday it would buy TerraForm Global Inc (GLBL.O) for about $787 million and acquire 51 percent of TerraForm Power Inc (TERP.O), Reuters reported.
1 min read · 07 March 2017
British bank Shawbrook Group Plc (SHAW.L) said on Friday it has received a joint offer from two private equity firms to buy the lender less than two years since it went public, in a deal worth 825 million pounds ($1 billion), Reuters reported.
2 min read · 07 March 2017
Two pairings of private equity groups are considering bids for Stada that would value the German generic drugmaker at up to 4.8 billion euros ($5.1 billion) including debt, people familiar with the matter told Reuters on Monday.
1 min read · 07 March 2017
Two pairings of private equity groups are considering bids for Stada that would value the German generic drugmaker at up to 4.8 billion euros ($5.1 billion) including debt, sources told Reuters on Monday.
1 min read · 06 March 2017
