Mubadala discusses GlobalFoundries IPO at $20bn value

Mubadala discusses GlobalFoundries IPO at $20bn value

Abu Dhabi’s Mubadala Investment Co. has started preparations for a US initial public offering of chipmaker GlobalFoundries, people with knowledge of the matter said. The sovereign wealth fund has been having initial discussions with potential advisers about a listing...
CVC-Backed Sisal to Bid to Run U.K. Lottery

CVC-Backed Sisal to Bid to Run U.K. Lottery

Sisal, which runs SuperEnalotto in Italy, will lead a consortium including private equity firm CVC Capital Partners to bid to operate the National Lottery in the U.K., the Telegraph reported, without saying where it got the information. It will compete against the...
KKR, Bain Said Among Bidders to Advance on Rolls-Royce ITP Sale

KKR, Bain Said Among Bidders to Advance on Rolls-Royce ITP Sale

Rolls-Royce Holdings has whittled down the list of potential buyers for its ITP Aero division to suitors including KKR & Co. and Bain Capital, according to people familiar with the matter. The two private-equity suitors are among those who have advanced to the...