US-owned Cobham close to takeover of UK defence manufacturer Ultra

US-owned Cobham close to takeover of UK defence manufacturer Ultra

Defence manufacturer Ultra Electronics is on the verge of accepting a takeover offer from rival Cobham, in a move that would further extend the private equity industry’s grip on the British aerospace sector. Ultra said on Friday it had received a takeover bid of £35...
HIG Capital to acquire Quick Restaurants

HIG Capital to acquire Quick Restaurants

An affiliate of global alternative investment firm HIG Capital has entered into a definitive agreement to acquire Quick Restaurants from Burger King France.  The transaction is expected to be completed before the end of the year, following regulatory approval....
Estonia’s Bolt raises 600 mln euros for quick-delivery push

Estonia’s Bolt raises 600 mln euros for quick-delivery push

Estonian startup Bolt said on Monday it had raised 600 million euros ($714 million) from investors and would plough the proceeds into quick grocery delivery, upping the ante in a fast-growing but fiercely competitive market. With the bumper round, which valued Bolt at...
Mirvac adds $1b to funds business in Sunsuper, M&G deals

Mirvac adds $1b to funds business in Sunsuper, M&G deals

Mirvac is ramping up its funds business, finalising separate mandates with Sunsuper and British investor M&G Real Estate in the past week in deals that will bring well over $1bn onto its management platform. Coupled with two major divestments this month – exiting...