Private equity firm Apollo Global Management said on Wednesday it has agreed to invest $175m in Summit Ridge Energy, in a deal that will give the US solar farm operator more resources to expand its geographic footprint. The deal comes as Apollo seeks more...
Permira has gathered $16bn for its new flagship buyout pool after passing the fund’s first close, people with knowledge of the matter said. The UK alternative asset manager has already beaten its initial target of 15 billion euros, according to the people, who asked...
Deutsche Telekom has agreed to sell 51% of its towers business to a consortium of Canada’s Brookfield and U.S. private equity firm DigitalBridge after they placed a surprise $17.5bn bid in the auction’s final stages. Brookfield had originally made a...
Spain’s Cellnex said on Wednesday it was withdrawing its offer for a stake in Deutsche Telekom’s towers business, paving the way for a competing bid from a consortium led by KKR to secure the estimated $18bn deal. The sale process, which kicked off in...
Global Investment firm KKR closed its first asset-backed finance fund with about $2.1bn from investors who are increasingly turning to collateral-based cash flows with attractive yields to beat market volatility. KKR’s Asset-Based Finance Partners fund drew from a... 