French asset management and financial protection business AXA Group has accepted a Stone Point Capital-led bid for its reinsurance subsdiary AXA Re.
Netherlands-headquartered private equity firm Gilde and ABN AMRO Capital have sold their interests in Hebu, a Dutch hydraulic systems company, to Halder, a subsidiary of listed Belgian investor GIMV.
Australia-listed investment and advisory firm Babcock & Brown has acquired NRG Energy’s South Australia power assets (NRG Flinders) for A$317 million.
London-listed private equity firm 3i has generated a 5x money multiple on its £182.5m sale of voice and data services business Azzurri Communications.
The Singapore government’s investment arm has invested in eMobile, a subsidiary of Japanese broadband operator eAccess, in a transaction that marks its largest to dare in Japan.
The Blackstone Group has agreed to acquire Trizec Properties, one of the largest owners of office properties in the US, for $8.9bn as the New York-based private equity firm continues its pursuit of publicly traded real estate companies.
The US-based firm will use its royalty fund to help the company develop a US portfolio of dermatology drugs.
Apollo Management has agreed to acquire the coated paper division of International Paper for approximately $1.4bn, the forest-products conglomerate announced.
All3Media, the Bridgepoint-backed company behind popular UK TV shows Richard and Judy and Shameless, is reportedly attracting interest from private equity firms Cinven, Apax and DLJ Merchant Banking.
UK care homes provider Southern Cross Healthcare has announced its intention to float on the London Stock Exchange in an IPO that could see Blackstone reduce its interest to below 50 percent.