Cubic Corp said on Monday it had received an unsolicited offer from Singapore’s ST Engineering to buy the company for about $2.4 billion, boosting the software maker’s shares to match the offer price of $76. ST Engineering’s offer is superior to a rival bid by...
Banner Ridge Partners, a multi-strategy private equity investment firm with over $1.0 billion in assets under management, has completed fundraising for Banner Ridge DSCO Fund I at its hard cap with $300 million of total commitments. DSCO I, the firm’s debut...
Deliveroo could be valued at nearly £9 billion in its forthcoming stock market flotation – nearly £1 billion more than previously expected. Having gauged the City’s appetite, the company today set the price range of its shares sale at a range of £7.6...
Electronic instrument maker Ametek Inc said on Monday it would buy computing systems maker Abaco Systems Inc from private equity firm Veritas Capital in an all-cash deal valued at $1.35 billion. Huntsville, Alabama-based Abaco makes computing and electronic systems...
Bain Capital has invested $200 million in Chinese tech startup Newlink Group, the private equity firm said on Monday, bringing the company’s total fundraising to $300 million this year. Newlink was founded in 2016 and helps drivers in China to find gas stations and... 