by Sebastian | Dec 11, 2023 | News
Global private equity (PE) firm Blackstone Inc. is looking to sell as much as 50% stake in PGP Glass Pvt. Ltd that it acquired three years ago, three people aware of the development said. The PE firm has named investment bank Jefferies Group Llc to find buyers for the...
by Sebastian | Dec 11, 2023 | News
Emergent Cold Latin America (Emergent Cold LatAm) has raised $500m in equity commitments from new and existing investors to further expand its regional cold storage network. Emergent Cold LatAm will use the capital to further grow its regional cold storage network via...
by Sebastian | Dec 11, 2023 | News
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8bn offer to take department store chain Macy’s (M.N) private, according to a person familiar with the matter on Sunday. Arkhouse Management, a real-estate focused investing...
by Sebastian | Dec 11, 2023 | News
Investcorp, the Middle East’s biggest alternative asset manager, acquired a 50% stake in New York-based private equity firm Corsair Capital’s $4.8bn infrastructure business. As part of the deal a new entity jointly owned by Bahrain-based Investcorp and Corsair Capital...
by Sebastian | Dec 9, 2023 | News
Blackstone Inc. is leading a €950m ($1bn) loan package to back Permira’s buyout of Gossler, Gobert & Wolters, people with knowledge of the matter said. Permira agreed to buy the German insurance broker from Hg on Friday, the people said, asking not to be...
by Sebastian | Dec 9, 2023 | News
Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at between $25bn and $30bn, according to people familiar with the matter. The sale would come almost 45 years...