Middle East

Three Delta returns to QIA for £500m equity in Sainsbury’s bid

Specialist acquisition firm Three Delta’s bid for Sainsbury’s awaits an 8 November deadline as its talks with the supermarket’s pension trustees near completion.

Sainsburys opens books to Delta Two(2)

The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.

Report: US intelligence deems Bain buyout a national threat

The Office of the Director of National Intelligence has reportedly found Bain Capital Partners’ $2.2 billion acquisition of 3Com a potential threat to security, due to involvement of a Chinese state-linked company.

Sainsbury’s considers Qatari £500m equity increase(3)

Qatari investment arm Three Delta is likely to increase the equity component of its offer for FTSE 100-listed Sainsbury’s to meet concerns of the board that the company will be over-leveraged.

Sainsbury’s considers Qatari £500m equity increase(2)

Qatari investment arm Three Delta is likely to increase the equity component of its offer for FTSE 100-listed Sainsbury’s to meet concerns of the board that the company will be over-leveraged.

Boston Ventures in telecom deal(3)

Boston Ventures is to buy a local US cable and telecom company, marking the middle market firm’s fifth investment from its seventh, $500 million fund.

Arcapita exits wind farm in second deal this week(3)

Prudential M&G’s infrastructure arm Infracapital Partners and an unnamed group advised by JP Morgan Asset Management have bought a one third stake in wind farm Zephyr Investments from Arcapita Bank, in the Bahrain-based investor’s second deal this week.

KKR signs Turkey’s largest deal

Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.

Boston Ventures in telecom deal(2)

Boston Ventures is to buy a local US cable and telecom company, marking the middle market firm’s fifth investment from its seventh, $500 million fund.

Arcapita exits wind farm in second deal this week(2)

Prudential M&G’s infrastructure arm Infracapital Partners and an unnamed group advised by JP Morgan Asset Management have bought a one third stake in wind farm Zephyr Investments from Arcapita Bank, in the Bahrain-based investor’s second deal this week.