Mutares SE & Co. KGaA has announced that it has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motorcycles from Mahindra & Mahindra. Mahindra & Mahindra will remain a co-shareholder to support the brand in...
A $3.9bn purchase bid from buyout company Blackstone has been rejected by Cvent, a US software supplier that supports in-person and virtual meetings, Reuters has reported quoting individuals with knowledge of the situation. Blackstone withdrew from the talks when...
Abrdn is reportedly in talks with Spanish banking group Santander over a sale of its private equity unit. The FTSE-100 asset management heavyweight has received interest from ‘a small number of buyers’, according to Sky News. The unit is being valued at around £250m...
Hyve Group has confirmed a bid approach by US private equity firm Providence Equity that values the events group at about £306m. Best known for its large-scale international events such as Pure London, Hyve said the offer would be in cash at 105p per share, compared...
Blackstone Inc, the world’s largest private equity firm, is set to raise as much as $10bn for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters. Blackstone has amassed... 