Brookfield Asset Management is to acquire American Tower Corp’s (ATC) loss-making Indian operations for $2.5bn, becoming one of the country’s largest operator of telecom towers in the process, according to a report by Reuters. The acquisition, which is the third and...
BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management. The deal – $3 billion in cash and 12 million BlackRock shares – will make the...
International private equity firm Cinven has held the final close of its latest flagship fund, the Eighth Cinven Fund (‘Fund 8’), at its hard cap of $14.5bn (€13.2bn), nearly 30% larger than its 2019 vintage predecessor fund. According to Stuart McAlpine, Managing...
A comeback in private equity activity is the key to ending an 18-month slump in dealmaking — and there are signs that’s starting to happen, according to one of Goldman Sachs Group Inc.’s top M&A bankers. Get the week’s top news delivered directly to your...
The private equity industry carried a record level of ‘dry power’ into the new year, which some investors might translate into boosting prospects for M&A as interest rates start to retreat. This could include swoops for unloved UK stocks and so-called...
