Activist investor Coast Capital said on Thursday it was planning to vote against U.S. private equity firm Vista Equity Partners’ $1.48bn bid for software developer Blue Prism Group. Earlier this week, Blue Prism became the latest British takeover target by a private...
Medical supply company Medline Industries is poised to get the largest leveraged buyout loan in eight years, according to data compiled by Bloomberg. The dollar tranche of its takeover financing was just upsized for a second time, going to $7.27bn from $6bn...
Softbank Vision Fund 2 has led a Series E $200m investment in Andela, a global network for remote engineering talent, that values the company at $1.5bn. Other investors in the round included new investor Whale Rock and existing investors: Generation Investment...
Britain’s Playtech said on Wednesday it would sell its financial trading unit to Gopher Investments, the company’s second-biggest shareholder, for $250m, after investors had rejected a rival deal agreed to earlier this year. The cash deal for Finalto has been...
KKR is considering a sale of its Japanese power tool and life science equipment maker Koki Holdings Co. amid interest from potential buyers, according to people familiar with the matter. The New York-based private equity firm is working with a financial adviser on the... 