Telecom Italia (TIM) is considering selling its stake in mobile tower group INWIT to French investment fund Ardian as part of its efforts to shore up its finances. La Repubblica reported on Wednesday that the Italian phone group is thinking about a balance sheet...
Local TV station giant Tegna is being acquired by a Standard General L.P. affiliate for $24 per share in cash. The deal has an equity value of approximately $5.4bn and an enterprise value of about $8.6 billion when including the assumption of debt. The transaction...
Mubadala Investment, the $243bn Abu Dhabi-based sovereign wealth fund, made a $350m equity investment in Princeton Digital Group, a Singapore-based pan-Asia data center operator, according to a news release. PDG’s existing shareholders — New York-based private...
Refresco Group, one of the largest independent beverage contract manufacturers in the world, and KKR, a leading global investment firm, today announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing...
Apollo Global Management, a manager of alternative assets such as corporate credit and private equity, said it has committed more than $100m over the next decade to a new foundation run by the firm’s employees that will provide grants to organizations focused on... 