KKR GIP and Stonepeak bid $21bn for Deutsche Telekom towers unit

KKR GIP and Stonepeak bid $21bn for Deutsche Telekom towers unit

KKR, Global Infrastructure Partners, and Stonepeak Partners have jointly made a binding offer for a controlling stake in Deutsche Telekom AG’s $21bn towers unit, people familiar with the matter said. They’re competing with a consortium of Canadian investment firm...
Boots sale maybe under threat as buyers struggle to raise capital

Boots sale maybe under threat as buyers struggle to raise capital

The sale of UK chemist chain Boots by Walgreens Boots Alliance could collapse as potential buyers struggle to arrange finance as consumer confidence wanes. A bid from Asda’s owners, the billionaire Issa brothers and private equity giant TDR, may not succeed,...