Hong Kong based-property corporate ESR has splashed out $3.8bn to shop for a portfolio of warehouses from US personal fairness company Blackstone in a transfer that can reset values around the nation and places on show the facility of the e-commerce growth. One of...
Brazilian private equity firm IG4 Capital has delivered a $916 million bid to buy into holding companies that have large stakes in Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM, two sources with knowledge of the matter said. If SQM’s...
Pepco, the owner of Poundland, has announced its intention to list in Warsaw, snubbing London after months of deliberations about a flotation in the City. The initial public offering (IPO), which is likely to take place in the coming months, will be valued at around...
Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now...
Mersey oil refinery business Essar Oil (UK) is in talks with one of the world’s largest investment groups over a possible £400m investment, media reports suggest. On Friday, Sky News reported that Essar, which operates one of the UK’s biggest oil refineries on...