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  • News & Insights
Blackstone Poised to Buy Piramal Glass for $1 Billion

Blackstone Poised to Buy Piramal Glass for $1 Billion

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...
Eni and HitecVision form Nordic renewable energy venture

Eni and HitecVision form Nordic renewable energy venture

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...
How state-backed lender CDP stepped up role in Italy

How state-backed lender CDP stepped up role in Italy

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...
Italy’s CDP teams up with Blackstone, Macquarie for Atlantia’s Autostrade stake

Italy’s CDP teams up with Blackstone, Macquarie for Atlantia’s Autostrade stake

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...
Permira snatches Italian luxury sneaker brand Golden Goose

Permira snatches Italian luxury sneaker brand Golden Goose

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...
Altice to sell stake in Portuguese fibre network for $2.5 billion to cut debt

Altice to sell stake in Portuguese fibre network for $2.5 billion to cut debt

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...
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