Advent International is exploring a sale of the communications and navigation division of Cobham Plc, according to people familiar with the matter, less than a year after acquiring the U.K. aerospace and defense supplier. The private equity firm has invited initial...
Private equity group Blackstone has sold its stake in Rothesay Life, one of the UK’s biggest privately owned insurers, for £2.1bn in a deal that values the company at £5.75bn. Blackstone has been a major shareholder in Rothesay since 2013 when it bought a 29 per cent...
William Hill Plc has chosen to sell itself to a rival rather than private equity, yet the 2.9 billion pound ($3.7 billion) deal could still end up in a breakup of the U.K. gambling company. Caesars Entertainment Inc.’s takeover bid was accepted by William Hill’s...
General Atlantic will invest 36.8 billion rupees ($498 million) in billionaire Mukesh Ambani’s retail venture as Asia’s richest man continues to garner funds after securing more than $20 billion for his digital services unit earlier this year. The private equity firm...
A resurgence in mergers and acquisitions activity led to the busiest summer for blockbuster deals in three decades, as executives reshaped companies to cope with the fallout from the pandemic and private equity groups pounced on targets. The combined value of... 