China's sovereign wealth fund CIC has made a large investment in German residential real estate, adding to a string of recent buys of Chinese groups in Europe's largest economy, sources close to the deal said on Friday.
1 min read · 21 October 2016
Bain, Apollo and Lone Star have been shortlisted in the sale of building materials maker Xella, a potential 2 billion euro ($2.18 billion) deal, sources told Reuters.
1 min read · 21 October 2016
German real estate company OfficeFirst Immobilien will hold off launching another attempt at a stock market flotation until the European spring of next year, sources told Reuters.
2 min read · 20 October 2016
Four years since being taken private after two abortive mergers, British banking software firm Misys is struggling to convince investors it should be valued in line with rival Temenos as it readies to list shares in London, Reuters reported.
4 min read · 20 October 2016
Canada's No. 2 pension fund, Caisse de depot et placement du Quebec (CDPQ), has acquired a minority stake worth US$155 million in India's TVS Logistics Services Ltd, Reuters reported. The Canadian pension fund will buy most of the stake currently held jointly by Goldman Sachs and Kohlberg Kravis Roberts & Co, while parent TVS Group's management will acquire the rest. Earlier this month, CDPQ partnered with Indian financial services firm Edelweiss Group and said it planned to invest up to US$700 million over the next four years in stressed assets and private debt opportunities in India.
1 min read · 19 October 2016
Canada's No. 2 pension fund, Caisse de depot et placement du Quebec (CDPQ), has acquired a minority stake worth $155 million in India's TVS Logistics Services Ltd, the privately held Indian company said in a statement on Wednesday.
1 min read · 19 October 2016
State-owned China Life Insurance Co Ltd is leading a group of investors injecting $2 billion into Starwood Capital's U.S. hotels portfolio, adding to a string of deals in the sector by mainland Chinese buyers this year, Reuters reported.
2 min read · 19 October 2016
Blackstone Group LP (BX.N) is the lead bidder to acquire Team Health Holdings Inc (TMH.N), the U.S. hospital staffing provider that has been the target of activist funds, including Jana Partners LLC, sources told Reuters.
2 min read · 19 October 2016
Private equity group Triton has put its truck spare parts wholesaler Europart up for sale in a potential deal worth about 300 million euros ($329 million), sources told Reuters.
1 min read · 18 October 2016
SM Energy Co (SM.N) said on Tuesday it would buy 35,700 net acres in West Texas's Howard and Martin counties for about $1.6 billion and sell its Williston Basin assets in North Dakota for $785 million to Oasis Petroleum Inc (OAS.N).
2 min read · 18 October 2016
