U.S. private equity firm KKR is close to presenting a nonbinding offer for Telecom Italia’s (TIM) fixed-line network, three people close to the matter said, in the latest twist of a long-running saga centred around the debt-laden phone group. KKR, which is...
Blackstone said on Wednesday it had blocked withdrawals from its $69bn real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about...
One of Britain’s biggest privately owned educational resources providers are negotiating the sale of a large minority shareholding in a transaction that would value Twinkl at approximately £500m. Sky News has learned that Jon and Susie Seaton, who established...
Atlas Technical Consultants Inc said on Tuesday the infrastructure and environmental solutions provider will be acquired by private investment firm GI Partners in an all-cash deal valued at nearly $1bn, including debt. Shareholders of Atlas are set to receive $12.25...
EuroGroup Laminations, which makes electric motor and generator components, said on Tuesday it was aiming for a market capitalisation of up to $1bn in an initial public offering (IPO) in Milan. French private equity group Tikehau Capital holds a 30% stake in the...
