Abu Dhabi Investment Authority has agreed to invest in TMF Group, the corporate-trust services provider owned by CVC Capital Partners that had been exploring an initial public offering. The Middle East sovereign wealth fund will take a significant minority stake in...
Australian renewable energy developer Genex Power has received an unsolicited $220m takeover offer from two private equity firms, led by Atlassian co-founder Scott Farquhar. The offer of 23 Australian cents a share was pitched at a 70% premium to Genex’s close...
One of the most prolific investors in the UK high street has joined the race to wrap up a takeover of Paperchase, the stationery retailer. Sky News has learnt that Hilco Capital, which recently snapped up the modern vintage brand Cath Kidston, is among a small number...
Yes Bank’s plan to bring Carlyle and Advent on board as equity investors for about $1bn has gathered pace, following the proposed sale of the lender’s stressed assets to JC Flowers Asset Reconstruction Company and the constitution of a new board, said people in the...
Private equity firm Global Emerging Markets Group said it plans to invest $450m in lithium startup EnergyX, which is trying to revive its business prospects in Bolivia as it prepares to go public by 2024. EnergyX is one of several companies developing its own version... 