After not finding any better offers, Fort Myers-based retailer Chico’s FAS is moving ahead with a plan to sell itself to a New York-based private equity firm for $1bn. A “go-shop” period to seek better offers has expired and a required waiting period...
South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority stake in SK Shipping Co., including a sale that could value the company at about $10bn including debt, according to people familiar with the matter. Hahn & Co. is working with...
TPG, a leading global alternative asset management firm, and ALTÉRRA, the world’s largest private investment vehicle for climate change action launched at the World Climate Action Summit at COP28, today announced an aggregate $1.5bn commitment to the next generation...
Real estate private equity firm Wentworth Capital is again buying a portfolio of logistics assets from the listed GPT, with a deal in train for it to pay more than $140m for key assets in Sydney and Melbourne. The company’s move mirrors a play it made late last year...
The United Arab Emirates is preparing to announce a new $30bn climate-focused investment fund during COP28 with backing from some of the world’s biggest investors including BlackRock (BLK.N), three sources with knowledge of the matter told Reuters. The sources...