by Sebastian | Nov 12, 2020 | News, NPCD
EQT AB has approached Dutch phone company Royal KPN NV about a takeover, a sign the European private equity firm is moving ahead with a deal that would rank as its largest ever, people with knowledge of the matter said. The buyout firm has been holding initial talks...
by Sebastian | Nov 12, 2020 | ITPEC, News, NPCD
British engineering company Rolls-Royce said shareholders signed up for 94% of new shares it issued as part of a 2 billion pound ($2.64 billion) rights issue to bolster its finances after the pandemic stopped planes flying. Rolls-Royce said on Thursday that the...
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 9, 2020 | News, NPCD
EQT AB, the European private equity powerhouse, is considering an initial public offering of pest control business Anticimex, people familiar with the matter said. The buyout firm is in talks with advisers about a potential listing of Stockholm-based Anticimex as soon...
by Sebastian | Nov 5, 2020 | News, NPCD
Lone Star Funds is exploring options for its building-materials retailer Stark Group A/S, which could fetch about 2.5 billion euros ($3 billion), according to people familiar with the matter. The U.S. private equity firm is working with Lazard Ltd. to consider a...