Morrisons has agreed to a £7bn takeover by Clayton, Dubilier & Rice, which increased its offer for a takeover of the supermarket chain. Morrisons’ share price surged 4.5%. Earlier, CD&R had made an offer of 230p a share, which valued Morrisons at £5.5bn,...
BlackRock Real Assets is to acquire an equity stake and inject more than $100m into a solar developement and investment company Brite Energy Partners. Brite Energy is to use the capital to acquire and build small-scale solar assets in South Korea to deliver more than...
Blackstone Group will invest as much as $500m in the solar equipment manufacturer Array Technologies. Funds managed by Blackstone Energy Partners will buy $350m in preferred stock from the Albuquerque, New Mexico-based solar company and retain the option to purchase...
GoTo is set to complete a pre-IPO funding exercise to raise up to $2bn in the next few weeks, but regulatory delays threaten to push its listing plans to early next year. The delay comes as the southeast Asian nation’s Financial Services Authority weighs new listing...
UEFA is in discussions with Centricus Asset Management over a $7.2bn financing package to overhaul its flagship soccer tournament, and stop plans for a new breakaway Super League. Negotiations are ongoing, and there’s no certainty UEFA, and London-based Centricus will... 