Ardian Infrastructure is betting on growing demand for efficient energy storage with its first infrastructure investment in Canada. The infrastructure unit of Paris-based investor Ardian is forming a joint venture with Enel X, the advanced energy services unit of...
Like hospital chains across the U.S., LifePoint Health tapped federal relief money to blunt the cost of the Covid-19 pandemic. It was a potent lifeline, a total of $1.5 billion. But LifePoint is unusual in one respect, its owner: private equity firm Apollo Global...
ByteDance has reached a preliminary “technical partnership” agreement with Oracle for TikTok’s US operations that does not include a full sale of the short video app, according to three people with knowledge of the matter. As part of the deal, Oracle plans to address...
Private equity-backed GardaWorld is urging G4S shareholders to support its £3bn takeover bid for the UK security company as it ramps up attempts to buy its rival. The Montreal-based group said the board of the FTSE-listed business had “summarily dismissed or ignored”...
Managed services provider and software developer Citadel Group will be acquired by Pacific Equity Partners (PEP) for more than $500 million. The Australian private equity firm proposed to wholly acquire the company for $5.70 per share, or a 43 percent premium over the... 