The two private equity firms are reportedly considering forming a consortium to make a £1bn bid for Unilever’s frozen foods business, which includes brands such as Birds Eye and Iglo.
Private equity firm Newbridge Capital has signed an agreement to invest as much as $200 million in a liquefied natural gas project in Xinjiang, a north-western province of China.
Corinthian Capital’s partners have settled their lawsuit with Lincolnshire head TJ Maloney and made their first two acquisitions.
London-listed investor 3i has generated £22m in proceeds on its 1994 investment in engineering company Tensar through a sale to Arcapita-owned US business Tensar Corporation.
UK investor Charterhouse Capital Partners has sold baby food products business Avent less than a year after acquiring the company from its founders and global private equity firm 3i.
Red Diamond Capital, the New York-based affiliate of Mitsubishi, has backed the management-led buyout of UK-based Avon Rubber’s automotive division with £63m.
Gobi Partners is leading a group of investors in a $30m funding for Lingtu, a Chinese digitial mapping and location-based services firm.
Three private equity firms are in the running to take TNT Logistics, a unit of the Dutch postal firm, private for about €1.3bn ($1.7bn) after a protracted sale.
Korean bank Kookmin has agreed to purchase a controlling stake in Korea Exchange Bank, but will not be paying for it until prosecutors’ investigations into vendor Lone Star are completed.
EQT and its founder Investor AB have increased their share offer for Swedish medical technology business Gambro by Skr1.2billion.