Private equity fund Japan Industrial Partners has submitted a bid to buy Toshiba Corp for around $15bn that lacks key commitments from banks, the Nikkei newspaper said on Monday, raising questions about whether the offer can succeed. JIP’s proposal, which...
Canada Pension Plan Investment Board (CPP Investments) and Hamilton Pyramid Europe’s newly created hotels investment venture has invested €172m to buy its seed asset in Italy’s capital city. The joint venture has bought W Rome, a luxury hotel located in the Ludovisi...
Wafra Inc, an investment firm backed by Kuwait’s public pension fund, said on Monday it has raised $1.5bn for its fourth flagship fund that will acquire minority stakes in alternative asset managers such as private equity firms. The new fund, Constellation...
Thermo Fisher Scientific agreed to acquire British specialty diagnostics firm Binding Site in a deal valued at $2.6bn. The US instrument maker will buy Birmingham, England-based Binding Site in an all-cash deal from owners led by buyout firm Nordic Capital, according...
David Gross-Loh, managing director of private equity at Bain Capital, discusses the firm’s investments in Japan, and the opportunities he sees in other Asian markets. Bain Capital-led group succeeded in its tender offer for Hitachi Metals Ltd., a unit of the... 