The private equity and private debt fund of funds (FoFs) for the Italian Real Economy Project (Progetto Economia Reale) – launched by Assofondipensione in partnership with Cassa Depositi e Prestiti (CDP), the partly state-owned investment bank, and asset manager Fondo...
Transport giant FirstGroup has announced it was considering a £1.2bn takeover bid from US private equity I Squared. FirstGroup told investors it was currently considering a 118p per share cash offer after receiving the firm’s latest unsolicited bid yesterday. “The...
Broadcom said on Thursday it will acquire cloud computing company VMware Inc in a $61bn cash-and stock deal, the chipmaker’s biggest and boldest bid to diversify its business into enterprise software. The acquisition is the second biggest announced globally so far...
Private equity firms Kayne Anderson Capital Advisors, and Warburg Pincus are considering selling Terra Energy Partners for approximately $2.5bn, including debt, reported Reuters, citing people familiar with the matter. The buyout companies, with the help of an...
Air France-KLM has entered exclusive talks with New York-based private equity firm Apollo Global Management for a €500m capital injection into an engineering and MRO affiliate that owns a pool of spare engines. The aim, it said, is to help repay French state aid. “The... 