UPDATE: Nexi Buys Nets in $9.2 Billion Deal to Create Payment Giant

UPDATE: Nexi Buys Nets in $9.2 Billion Deal to Create Payment Giant

Italian payments processor Nexi SpA agreed to buy private equity-owned rival Nets A/S, a month after purchasing a state-backed competitor and creating one of Europe’s biggest payment providers. The all-share deal values Copenhagen-based Nets at 7.8 billion euros ($9.2...
EQT Is Closing in on $13 Billion Carrier KPN Takeover

EQT Is Closing in on $13 Billion Carrier KPN Takeover

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...
UPDATE: Rolls-Royce sells 94% of new shares in 2 bln issue

UPDATE: Rolls-Royce sells 94% of new shares in 2 bln issue

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...
Blackstone Poised to Buy Piramal Glass for $1 Billion

Blackstone Poised to Buy Piramal Glass for $1 Billion

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

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...