The $431.7bn Canada Pension Plan Investment Board has invested $334m to acquire a 19.3% stake in Colombia-based discount grocery store chain D1, formerly known as Koba Colombia. The deal marks the pension giant’s first direct private equity investment in the country....
Yes Bank Ltd’s board has chosen JC Flowers Asset Reconstruction Co as the highest bidder to become the joint venture partner for the sale of bank’s $6bn bad loans. With the final approval from the Board Credit Committee on July 13, 2022, the Bank said it has “signed a...
Apax Partners is weighing a sale of Candela Medical in a deal that could value the aesthetic device maker at more than $1bn, people with knowledge of the matter said. The private equity firm is sounding out potential suitors, including other buyout firms, the people...
The California Public Employees’ Retirement System sold about $6bn of its stakes in private equity funds to second-hand buyers, severing ties with a slew of past managers and freeing up cash for new wagers. The $440bn public pension fund, the largest in the US, has...
Private equity firm Clayton Dubilier & Rice is buying $464m of the riskiest part of the debt for its own buyout of Cornerstone Building Brands, limiting potential losses for the banks that agreed to fund the deal. CD&R is purchasing the so-called... 