Italy’s biggest utility Enel is in advanced talks to sell a stake in its grid services unit to private equity firm CVC in a deal that could be signed in the next few days. CVC, which you can meet the Italy Private Equity Conference May 2023, would buy a stake of...
BlackRock, the world’s biggest asset manager, has set up a unit called Transition Capital to invest in opportunities linked to the global shift to a low-carbon economy, a memo to staff seen by Reuters showed. BlackRock, which manages around $8 trillion in...
Global private equity major EQT has completed its €6.8bn of buyout peer Baring Private Equity Asia to make good on its key strategy objective of expanding in the region. Baring Private Equity Asia, which will be renamed BPEA EQT, is one of the major buyout players in...
Veritas Capital, a technology and government investment firm, has held the final close of its latest flagship fund, Veritas Capital Fund VIII (Fund VIII) with $10.65bn of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding...
New York-based investment company KKR has acquired 30% of the shares of Norwegian telecommunications company Telenor. The agreed sales price represents an enterprise value for the Norwegian fibre business of £3bn. KKR, which was advised on the deal by a team from... 