Engineering giant Rolls-Royce has signed a definitive agreement to sell aerospace and engine component supplier ITP Aero for approximately €1.7bn. The agreement is with Bain Capital Private Equity, which is leading a consortium of investors. The consortium includes...
U.S. buyout firm Advent International is considering selling the Southeast Asian operations of The Learning Lab, a Singapore-based chain of tutorial centers, according to people with knowledge of the plan. The Boston-based private-equity fund is working with...
Blackstone has reached an agreement to sell the Cosmopolitan casino and hotel on the Las Vegas Strip for $5.65bn, the company said on Monday, and told investors in a private letter that the sale is the company’s most profitable of a single asset ever. Blackstone...
Swedish electric-car maker Polestar said on Monday it will go public by merging with a U.S.-listed blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at an enterprise value of $20bn. The deal comes at a time when large SPAC...
Billionaire Tom Gores’ Beverly Hills-based Platinum Equity has agreed to sell PCI, an electronics manufacturing services provider based in Singapore, to a Canadian buyer for $306m in cash. The deal to sell PCI to Celestica Inc., a Toronto-based manufacturing and... 