Brazil’s facilities company GPS, shareholders raise $422m in IPO

Brazil’s facilities company GPS, shareholders raise $422m in IPO

Brazilian facilities company GPS and its shareholders raised at least $422.46 million in an initial public offering priced on Thursday, two sources with knowledge of the matter said. The company priced its shares at $2.2, the sources added. GPS, which has private...
PAG plans $10bn merger, offshore IPO of Chinese gases assets

PAG plans $10bn merger, offshore IPO of Chinese gases assets

Private equity firm PAG plans to merge its two Chinese industrial gases portfolio companies and seek an offshore listing for the combined entity estimated to be worth more than $10bn, two people with knowledge of the matter said. Hong Kong-based PAG is discussing with...
This week’s PE must-reads – Week 16

This week’s PE must-reads – Week 16

At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. EQT IX closes at $18.7 billion – reaching hard cap EQT Group is pleased to announce that EQT IX has held its final close at $18.7...
Apollo Lending Arm Raises $800m in Private-Credit Push

Apollo Lending Arm Raises $800m in Private-Credit Push

Apollo Global Management lending arm, MidCap Financial, a credit solutions firm focused on serving the middle market, today announced it has raised more than $800m of new equity from a diverse group of global investors that included Apollo clients, including Athene as...