Oil giant Saudi Aramco has agreed a $12.4bn (£9bn) deal to sell nearly half of its pipelines business to a consortium led by private equity firm EIG Global Energy Partners. Under the deal, which was announced late last night, EIG will take a 49 per cent stake in the...
German online retailer Signa Sports United GmbH is in talks to go public through a merger with billionaire investor Ron Burkle’s special purpose acquisition company, people with knowledge of the matter said. Berlin-based Signa Sports has been discussing a deal with...
Realty firm Embassy group is in the advance stage of talks with global investment firm Blackstone to sell its warehousing and industrial parks business at an enterprise value of around $240 million, sources said. In 2015, the Bengaluru-based Embassy group had formed a...
T-Mobile Netherlands said on Wednesday it will invest at least $832 million to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR and DTCP. The project aims to reach 1 million households within five years,...
Investors overseeing almost $13tn in assets say the frenzy around Spac listings will slow over the coming 12 months, predicting a spate of high profile failures will suppress appetite for so-called blank-cheque companies. Despite the large number of Spac listings,... 