Blackstone said on Friday it would buy Singapore wealth fund GIC’s 49% stake in an Australian logistics trust for $1.50bn, as the U.S. private equity giant looks to tap into the country’s fast-growing e-commerce market. The deal for the stake in Dexus...
Grocery delivery start-up Flink has raised $750m in an additional funding round, it said on Friday, giving the German company the funds to further expand and cash in on the home food delivery boom. Flink is one of several food delivery start-ups, including Gorillas,...
Kimmeridge Energy Management Co. has reached the first close on a new activist energy fund, according to people familiar with the matter, as it continues its push to revamp companies in the embattled oil and gas sector. The New York-based private equity firm has...
Australia’s biggest airport is a step closer to an historic buyout after the competition regulator approved its $23.6bn sale to a private equity consortium. Among the proposed group of buyers are IFM’s Australian Infrastructure Fund and Global Infrastructure Fund,...
Buyout funds including CVC Capital Partners and Bain Capital are lining up preliminary bids for a stake worth some $1.7bn in the French football league’s media rights business, four sources told Reuters. Advent, Apollo, Bridgepoint, EQT, KKR and Silver Lake are... 