Telia has agreed to sell its international carrier business, Telia Carrier, to Polhem Infra for 9,450 million SEK ($1.06 billion) on a cash and debt free basis, the operator said on Tuesday. Since taking over the top job in Telia in May, Chief Executive Allison Kirkby...
European private equity firm Investindustrial, China’s sovereign wealth fund China Investment Corporation (CIC) and Italian lender Unicredit have launched a €600m vehicle to invest in Italian mid-market businesses. The new vehicle, the China-Italy Industrial...
EQT has reached the final close of its second real estate fund with a €1bn hard cap, 33% above its initial €750m target. The vehicle, EQT Real Estate II, was launched in 2018 and is over twice the size of its predecessor, wrapped up in 2017 at €420m. It aims to make...
Nexi SpA is already hunting for its next target after agreeing a milestone payments merger with Italian rival SIA SpA, as consolidation in the sector shows little sign of easing. Milan-based Nexi has made a non-binding offer for Denmark-based Nets A/S, according to...
Bristol-Myers Squibb is acquiring the Californian drugmaker MyoKardia for $13.1bn to expand its portfolio of cardiovascular drugs. The New York-based pharmaceutical company said it had agreed to pay $225 a share, a more than 60 per cent premium on MyoKardia’s closing... 