by Sebastian | Feb 26, 2023 | News
A Brookfield-led consortium trimmed its offer for Origin Energy by 1% on Wednesday, valuing Australia’s no.2 power producer and energy retailer at $10.5bn, after government moves to cap gas prices hit valuations in the sector. Shares in Origin surged 13% to...
by Sebastian | Feb 26, 2023 | News
Digital payments processor Stripe Inc is close to raising $4bn in fresh capital at a valuation of about $55 billion, people familiar with the matter said. The latest capital raise from investors including Thrive Capital could be the largest private funding round in...
by Sebastian | Feb 26, 2023 | News
Bain Capital is expecting a recovery in China’s $539bn private equity market as early as this year, though the industry may struggle in reaching past levels of deal activity. The market will benefit from a number of tailwinds, including the nation’s end of Covid Zero...
by Sebastian | Feb 26, 2023 | News
Mutares SE & Co. KGaA has announced that it has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motorcycles from Mahindra & Mahindra. Mahindra & Mahindra will remain a co-shareholder to support the brand in...
by Sebastian | Feb 26, 2023 | News
A $3.9bn purchase bid from buyout company Blackstone has been rejected by Cvent, a US software supplier that supports in-person and virtual meetings, Reuters has reported quoting individuals with knowledge of the situation. Blackstone withdrew from the talks when...
by Sebastian | Feb 26, 2023 | News
Abrdn is reportedly in talks with Spanish banking group Santander over a sale of its private equity unit. The FTSE-100 asset management heavyweight has received interest from ‘a small number of buyers’, according to Sky News. The unit is being valued at around £250m...
