by Sebastian | Nov 12, 2020 | ITPEC, News, NPCD
Blackstone Group Inc. has agreed to acquire the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1 billion, according to people with knowledge of the matter. The transaction could be announced as soon as in the next few weeks, one of the people...
by Sebastian | Nov 11, 2020 | ITPEC, News, NPCD
Norwegian private equity group HitecVision and Italy’s Eni have formed a joint venture to develop renewable energy in the Nordic region, building on their existing cooperation in oil, they said on Wednesday. The Vaargroenn venture, 69.6% owned by Eni, aims to install...
by Sebastian | Nov 3, 2020 | ITPEC, News
What do a bid for Italy’s biggest highway operator involving Macquarie and Blackstone and a hedge fund’s campaign for board seats at the country’s top telecoms group have in common? The answer is Cassa Depositi e Prestiti (CDP) featured in both. The...
by Sebastian | Oct 14, 2020 | ITPEC, News
Italy’s state lender CDP has teamed up with private equity firm Blackstone and infrastructure fund Macquarie to prepare a bid for Atlantia’s stake in its motorway unit, La Repubblica and Il Messagero said, citing sources. Infrastructure group Atlantia said on Tuesday...
by Sebastian | Feb 12, 2020 | ITPEC, News
Private equity firm Permira has reached an agreement to buy Italian luxury sneaker brand Golden Goose, a source familiar with the matter told Reuters on Wednesday. The Venice-based shoemaker, which makes sneakers that sell for 400 euros ($437), is owned by private...
by Sebastian | Dec 19, 2019 | BPEC, DPEC, IPEC, ITPEC, News
Telecoms and cable group Altice Europe (ATCA.AS) said on Friday it would sell a 50% stake in its Portuguese fibre network to Morgan Stanley Infrastructure Partners (MS.N) for 2.3 billion euros ($2.5 billion) to help pay down its debt. Shares in the Amsterdam-listed...