TDR Capital Completes £2bn Deal to Bring Asda and EG Group Together

TDR Capital Completes £2bn Deal to Bring Asda and EG Group Together

Asda Group today announces it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07bn – accelerating its growth in convenience and foodservice, bringing Asda’s value pricing closer to millions of customers. Asda and petrol forecourt...
Trivest Closes Largest Fund Ever at $1.3bn

Trivest Closes Largest Fund Ever at $1.3bn

Trivest Partners (“Trivest” or the “Firm”) announced the closing of Trivest Recognition Fund (“Recognition” or the “Fund”) at its hard cap with over $1.3bn of total capital commitments (including Trivest and its affiliates’ commitments) that will seek to generally...
KKR Targeting Up to $2.5bn for Second Asia Real Estate Fund

KKR Targeting Up to $2.5bn for Second Asia Real Estate Fund

KKR & Co. is raising a second Asia real estate fund, targeting $2bn to $2.5bn to spend across the region, according to people familiar with the matter.  The new fund has amassed about $600m since late 2022, and the US investment firm is seeking to finish...
KKR Closes $1.62bn Acquisition of Simon & Schuster

KKR Closes $1.62bn Acquisition of Simon & Schuster

Global investment firm KKR has successfully completed the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62bn (£1.33bn) all-cash transaction.  Simon & Schuster is now a standalone private company, and the only independent...