Morgan Stanley Backs ClearMedi Healthcare in $35 Million Deal

Morgan Stanley Backs ClearMedi Healthcare in $35 Million Deal

In a historic move marking Morgan Stanley’s debut in the Indian healthcare landscape, the global financial powerhouse has acquired a majority stake in Gurugram-based ClearMedi Healthcare. Under the leadership of Commander Navneet Bali, Morgan Stanley-backed...
Carlyle Group to Acquire Seiko PMC in $221m Deal

Carlyle Group to Acquire Seiko PMC in $221m Deal

The Carlyle Group, a global investment firm, has launched a tender offer to acquire Seiko PMC, a Tokyo-listed paper and ink chemicals manufacturer. The tender offer values Seiko PMC at approximately JPY 32.4bn (USD 221m) and offers a high premium of 89%. The private...
Warburg Pincus Sells Reiss Stake to Next and Reiss Family for £128m

Warburg Pincus Sells Reiss Stake to Next and Reiss Family for £128m

Leicester retailer NEXT and the Reiss family are set to acquire the entirety of Warburg Pincus’ (WP) 34% interest in the Reiss Group (Reiss) for £128m on a fully diluted basis. Upon completion of the transaction, expected to take place in mid-October, NEXT’s holding...
Permira agrees £703m takeover of UK-listed Ergomed

Permira agrees £703m takeover of UK-listed Ergomed

Ergomed manages drug trials and monitors participants for side effects. It reported a sharp uptick in revenue last year and a record order book, at £295m as of 31 December, and growth has continued in the first half of 2023. The 1,350p-a-share offer represents a...