Australian funeral services provider InvoCare said on Tuesday it received a non-binding takeover offer from U.S. private equity firm TPG Global for $1.22bn, sending its shares 39.1% higher. Shares of InvoCare soared to A$12.450 and were set to post a record jump after...
BlackRock is starting two private equity funds targeting wealthy individuals in Europe, as the world’s largest asset manager seeks to tap rising appetite for alternatives among the rich. The New York-based group expects to raise about $1.1bn or more for the new...
Gruppo Florence, a hub of Italian clothing manufacturers that supply top luxury brands, has given private equity firm Permira access to its books to facilitate a potential sale, two sources close to the matter said on Monday. Gruppo Florence is working with Bank of...
Software deals have been dominating the biggest PE-led take-private deals, and Silver Lake’s newest target is no exception. On Monday, B2B SaaS company Qualtrics received a $12.4bn buyout offer from Silver Lake in partnership with Canada’s largest public...
Goldman Sachs Asset Management and Bain Capital are among those interested in acquiring the Subway sandwich chain, according to a new report from United Kingdom-Based Sky News. Other potential suitors include TDR Capital and TPG, while TSG Consumer Partners is “also... 