Spanish telecom giant Telefonica is readying an alliance with the private equity arm of German insurer Allianz to finance a 5 billion euro infrastructure investment in Germany, Spanish newspaper Expansion said on Monday. Telefonica and Allianz aim to create a joint...
India’s Jet Airways would be acquired by an investor consortium under a multi-million dollar resolution plan approved by the carrier’s creditors on Saturday. The plan submitted by a consortium of London-based Kalrock Capital and UAE-based businessman Murari Lal Jalan...
Indian developer Prestige Estates Projects said Blackstone Group signed a non-binding agreement to buy some of its assets. The deal will include the sale of “commercial offices, retail and hotel properties, mall management and identified maintenance...
Private Equity giant, Blackstone, is exploring a possible sale of its interest in Beauparc Utilities, Ireland’s largest waste company, in a deal that would value the business at close to €1bn. It is understood that Blackstone has hired advisers to look at the...
British coffee and sandwich chain Pret A Manger said on Friday it would close six more shops and likely cut a further 400 jobs as trading had deteriorated in recent weeks as a result of government curbs to stem rising cases of COVID-19. Owned by investment group JAB... 