US private equity firm KKR said it has invested $625 million in Vini Cosmetics group to acquire a controlling stake in the company that makes Fogg brand of deodorants and other consumer brands. KKR has invested $625 million to acquire the stake in the group that is...
Bill Ackman’s Pershing Square Tontine Holdings have reached an agreement with Vivendi, controlled by French billionaire Vincent Bollore, to sign a deal to acquire 10% of Universal Music Group (UMG). “After the 20% equity stake acquired by the Consortium led by...
U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco’s pipelines business for $12.4 billion. EIG said the co-investment process for the deal attracted a global group of investors from...
Geolo Capital, the private equity investment arm of the John Pritzker family office, and its joint-venture partner Wanxiang America Real Estate, recently announced the sale of the iconic Ventana Big Sur, an Alila Resort, to an affiliate of the Hyatt Hotels Corporation...
Supermarket giant Morrisons has rejected a £5.5bn takeover bid from a private equity firm, believing it would have “significantly undervalued” the company. Clayton, Dubilier & Rice (CD&R) earlier said it noted the press speculation regarding a potential...
