Unilever is set to receive a £4bn bid for its tea business as early as next week. A consortium formed by US private equity firm Advent International and Singapore’s GIC is expected to put forward an offer ahead of a bid deadline. PG Tips and other tea brands...
Private equity firm CVC has agreed to buy Glendower Capital, the companies said on Monday, creating a combined company with total assets under management of about €113bn. Financial terms of the deal were not disclosed. Glendower was founded in 2006 as part of Deutsche...
Private equity firm Arctos Sports Partners has added to its National Basketball Association (NBA) investment portfolio having agreed a deal to take a 17% stake in the Sacramento Kings, according to Sportico. The acquisition reportedly values the franchise at $1.8bn...
Zooplus AG, one of Europe’s largest online pet supplies’ retailers, said on Sunday that Hellman & Friedman has raised its takeover offer for the group to $3.89bn from an initial offer of $3.5bn. The U.S. private equity firm pitched the new offer at 460 euros per...
TransUnion could finalize by Monday a deal to buy information services company Neustar Inc for $3.1bn, the Wall Street Journal said, a move that could help the credit rating company diversify. The paper cited people familiar with the matter. TransUnion and Neustar did... 