Bill Gates acquiring controlling stake in Four Seasons

Bill Gates acquiring controlling stake in Four Seasons

Bill Gates’ private equity firm, Cascade Investment, is poised to take majority control of Four Seasons Hotels & Resorts as part of a $2.21bn deal. Four Seasons said Cascade has agreed to acquire half of a 47.5% percent stake currently owned by an affiliate...
TDR Capital-backed EG Group considering $15bn sale

TDR Capital-backed EG Group considering $15bn sale

Petrol station firm EG Group is mulling its options for the future, including putting itself up for sale with a price tag of $15bn, according to Bloomberg. EG Group, which is backed by the billionaire Issa brothers and private equity firm TDR Capital, is one of the...
Hg’s Visma Is Said to Draw New Investors at $19bn Value

Hg’s Visma Is Said to Draw New Investors at $19bn Value

Visma AS has secured investment from backers including Norway’s government pension fund and billionaire John Fredriksen’s Aeternum Capital, valuing the software group at $18.9 bn, according to people familiar with the matter.  Singaporean wealth fund GIC Pte Ltd. and...
Blank-check firm Rice’s investors approve $1.15bn Archaea merger

Blank-check firm Rice’s investors approve $1.15bn Archaea merger

Blank-check firm Rice Acquisition Corp said its planned $1.15bn merger with Aria Energy LLC and Archaea Energy was approved by its stockholders on Thursday, that will create the largest public renewable gas company in the United States. Renewable natural gas (RNG),...
Carlyle Weighing Sale of $2bn Outsourcing Firm VXI Global

Carlyle Weighing Sale of $2bn Outsourcing Firm VXI Global

Carlyle Group is considering a sale of its outsourcing business VXI Global Solutions, according to people familiar with the matter. The U.S.-based buyout firm is working with a financial adviser on a potential deal for the company, which could be valued at $1.5...