British investment firm Digital 9 Infrastructure (D9) initiated a strategic review of its portfolio on Monday and said it had agreed to sell its stake in data group Verne Global for $575m as it seeks to cut debt and boost its finances. D9 in October, had said it was...
Arvinas, Inc., a biopharmaceutical company specializing in protein degradation-based treatments, has announced the successful arrangement of a private placement deal which is expected to generate approximately $350m. The deal involves the sale of around 12.96 million...
London-based Statera Energy, an energy storage and flexible generation developer and operator, announced recently that it has secured up to £300m of debt financing through a syndicate led by Lloyds Bank. The initial £144m will fund Statera’s Thurrock Battery Energy...
Indian private equity fund True North said on Monday it has raised more than $120.13m as it forays into the fast-growing private credit sector. The company plans to do deals ranging from $9.75m to $26m with mid-size companies, aiming for a return of 15%-18%, it said...
L3Harris Technologies is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800m, the defense company said on Monday. The deal includes a $700m cash purchase price and a $100m earnout based on the achievement of certain financial... 