PE Hub Wire

Certares group in exclusive talks for ITA Airways purchase; RedBird scores AC Milan deal

RedBird will invest in all the key areas that will advance AC Milan's sporting and commercial interests.

Bain Capital agrees to buy business from Olympus Corp; Tension in single-asset deals with externally set valuations

Bain is buying Evident from Olympus Corp.

Oakley Capital buys CTS from Palatine and Phenna stake from Inflexion; ECP bid for Biffa postponed again

Oakley’s acquisition of CTS Group follows its purchase of Inflexion’s minority investment in Phenna Group, a deal that values Phenna at over £1bn.

Thoma Bravo’s deal spree continues with sale of Frontline Education; IMB delivers firm’s best returns

Thoma Bravo to exit Frontline Education

Lone Star interest in Bank of Cyprus upsets government; PVC Europe exits Benvic

Cypriot government 'is faced with a race against time' to ensure it has the power to prevent a potential takeover of the Bank of Cyprus.

Bernhard Capital is working on the railroad; Revelstoke buys eating disorder treatment provider from LLCP

LLCP divests an eating disorder treatment provider to Revelstoke.

Thoma Bravo invests in mental health company Alma; PE-backed TAG expands to vets

Thoma Bravo announced a $130 million minority growth investment in Alma.

Novartis dashes private equity hopes with public Sandoz spin-off; Exits getting tricky for funds

LDC announced its exit from Littlefish, which is the firm's fifth exit in the last 12 months.

Blackstone to double down on tech deals in Silicon Valley; clean energy to deliver attractive returns

Blackstone expands its tech team.

EU medical device regulation boosting cross-border growth; Blackstone eyes Pink Floyd catalogue

Sun Capital Partners' Braganza: Shifts in European medical device legislation great for businesses that are well set up to do it, challenging for those who haven't seen it coming.