Private equity firm Blackstone Group has made an offer to acquire an additional 26% stake in Indian IT outsourcing services provider Mphasis Ltd for $1.1bn, according to a stock exchange filing. Blackstone bought a 60.5% stake in Mumbai-listed Mphasis from Hewlett...
Harrison Street Real Estate Capital LL is betting on the growth of the U.K.’s bio-tech industry with a deal to combine the country’s largest science incubator with a portfolio of science parks. The company has formed a venture with Trinity Investment Management to...
The total value of UK private equity club deals hit over $27.4bn last year, a fourfold increase from the roughly $6.2 billion last year. The number of these ‘club deals’ has reached a three-year high, there were 56 deals last year, up 30 per cent from 43 the year...
Nestle is in discussions to buy nutritional supplement maker The Bountiful Company, the Swiss food giant said on Monday, confirming earlier reports it was close to a deal in the mid-single digit billions. “Nestlé S.A. today announced that it is in discussions to...
Stone Point Capital and GIC are nearing a deal to buy retirement and savings account provider Ascensus for about $3 billion, according to people familiar with the matter. The investment firms could announce a transaction for the company as soon as this week, said the...
