by Sebastian | Aug 30, 2024 | News
US pipeline operator ONEOK Inc. agreed to buy a Permian Basin rival and a controlling stake in another company in two transactions valued at a combined $5.9 billion. ONEOK will acquire Global Infrastructure Partners’ entire interest in EnLink Midstream LLC and also...
by Sebastian | Aug 30, 2024 | News
Private equity firm Blackstone Inc. is in discussions with banks for a five-year loan of about A$5.5 billion ($3.7 billion) to back its bid for Australian data center operator AirTrunk, people familiar with the matter said. The financing, which is expected to be...
by Sebastian | Aug 30, 2024 | News
OpenAI, the company behind the popular AI tool ChatGPT, is in advanced talks to secure several billion dollars in a new funding round led by Thrive Capital with an investment of around $1bn, that could value the startup at over $100bn, according to a report by the...
by Sebastian | Aug 30, 2024 | News
CVC Capital Partners Plc is in talks about a potential investment in residential property manager Odevo, people with knowledge of the matter said. The private equity firm has been discussing the purchase of a significant minority stake in Odevo, according to the...
by Sebastian | Aug 30, 2024 | News
U.S. private-equity firm Warburg Pincus and Australian real-estate company Lendlease Group have acquired a US$1.23 billion portfolio of Singapore assets in what they said was one of the largest deals involving a private portfolio of industrial assets in the...
by Sebastian | Aug 30, 2024 | News
A unit of Singapore’s state-owned investor Temasek Holdings Pte. has raised $1.7 billion (US$1.3 billion) for its second private credit fund, in a sign that Asia’s fledgling direct lending industry remains attractive to investors hungry for yield and asset...