FirstGroup shareholders have rebelled over a proposed £1.2bn takeover bid from a US private equity firm. I Squared’s bid, which values transport giant FirstGroup at up to 163.6p per share, includes 45.6p that is contingent upon the amount the bus and train group...
CBRE Global Investment Management has collected $599m for its Global Special Situations Fund together with its co-investment vehicles. The fund has beat its initial $500m target and 70% of the capital has been deployed for five investments including a last-mile...
Temasek Holdings commits an initial $3.6bn to set up GenZero, an investment platform company that aims to accelerate decarbonisation and help meet its net-zero emissions goals. GenZero will be led by its CEO-designate, Frederick Teo, who is currently the Managing...
Private equity major Cinven has agreed to buy a majority stake in Carlyle portfolio business Euro Techno Com Group. The buyout comes three years after Carlyle invested in the French telecom equipment distributor, marking the first deal for its €1.35bn Europe...
Camden Market has been put up for sale, with Israeli billionaire Teddy Sagi hoping to attract bids in the region of £1.5bn for the warren of stalls, bars, venues and housing that make up the historic countercultural venue. Financial adviser Rothschild & Co has... 