Sinch acquires Inteliquent for $1.14B to take on Twilio in the US

Sinch acquires Inteliquent for $1.14B to take on Twilio in the US

After raising $690 million from SoftBank in December to make acquisitions, the Sweden-based cloud communications company Sinch has followed through on its strategy in that department. Today the company announced that it is acquiring Inteliquent, an interconnection...
Buyout firm KKR to acquire industrial firm Flow Control Group

Buyout firm KKR to acquire industrial firm Flow Control Group

KKR & Co Inc said on Wednesday it has agreed to acquire industrial firm Flow Control Group from private equity firm Bertram Capital. Terms of the deal were not disclosed, but a person familiar with the matter said the deal values Flow Control at more than $1...
Asda: How to buy a £6.8bn supermarket for £780m

Asda: How to buy a £6.8bn supermarket for £780m

The Issa brothers have completed the deal to buy Britain’s third-largest supermarket chain. Asda was valued at £6.8bn, but the brothers and the investment firm TDR Capital paid just £780m. The rest was borrowed. So how does this kind of deal work? And will it...
UPDATE: Nestle to sell N.American water brands for $4.3 billion

UPDATE: Nestle to sell N.American water brands for $4.3 billion

Nestle said on Wednesday it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as the food giant doubles down on its premium offerings including Perrier. The sale, to One Rock Capital Partners and...