by Sebastian | Nov 29, 2023 | News
Gabon’s national oil firm is seeking to use its right of first refusal to acquire Carlyle’s (CG.O) Assala Energy after the private equity giant agreed to sell the business for $1.3bn to France’s Maurel & Prom, three sources told Reuters. Gabon...
by Sebastian | Nov 29, 2023 | News
KKR & Co. will pay about $2.7bn in cash to acquire the remaining 37% of Global Atlantic that it doesn’t already own, broadening its bet on insurance to fuel asset and fee growth. The buyout giant will fund the purchase from its balance sheet, which had $23bn of...
by Sebastian | Nov 29, 2023 | News
Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone (“Blackstone”) in an all-cash...
by Sebastian | Nov 29, 2023 | News
Aster DM Healthcare to sell Gulf business to Alpha GCC for $1.01bn. Alpha GCC will be owned by the promoter group of Aster India and funds managed by Middle East private equity firm Fajr Capital Advisors. The move is part of its plan to separate its operations in...
by Sebastian | Nov 29, 2023 | News
Bain Capital-backed Rocket Software, Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business...
by Sebastian | Nov 29, 2023 | News
Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30bn initial public offering for next year. Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real...
