EQT snaps up Baring Private Equity in $7.5bn deal

EQT snaps up Baring Private Equity in $7.5bn deal

EQT, the $80.1bn Stockholm-based private markets investment firm, will acquire Baring Private Equity Asia for €6.8bn. The addition of BPEA’s eight Asia-Pacific offices and €17.7bn in assets under management will go a long way toward achieving EQT’s strategic objective...
Bayer to sell pest control unit for $2.6 bln to Cinven

Bayer to sell pest control unit for $2.6 bln to Cinven

Bayer has agreed to sell a unit making pest control chemicals for landscaping and facility management to private equity group Cinven for $2.6bn to cut debt and focus its crop science business on its core farming clientele. Cinven said in a separate statement it would...
Carlyle buys Italian motorcycle gear maker Dainese

Carlyle buys Italian motorcycle gear maker Dainese

Investment firm Carlyle Group has bought Italian motorcycle equipment company Dainese from Investcorp in a deal valued at $692m including debt, Investcorp said in a statement on Friday.  Carlyle said it wanted to expand the business in China and the United States by...
Brookfield Consortium’s Improved Offer for AGL Is Rejected

Brookfield Consortium’s Improved Offer for AGL Is Rejected

Australian utility AGL Energy rejected an improved multibillion-dollar takeover approach from Brookfield Asset Management and billionaire Mike Cannon-Brookes, who wanted to accelerate the firm’s transition to net-zero emissions by more than a decade. The consortium...