by Sebastian | Jul 5, 2023 | News
Mubadala Investment Company and funds managed by private equity firm KKR have jointly acquired Canada-based CoolIT Systems as Abu Dhabi’s sovereign wealth fund continues to expand its technology investment portfolio. The acquisition, first announced in May, is...
by Sebastian | Jul 5, 2023 | News
Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of REC Solar, which Duke had acquired in 2015,...
by Sebastian | Jul 5, 2023 | News
American Equity Investment Life Holding Co. accepted a $4.3 billion cash and stock takeover bid from an arm of Canadian investment giant Brookfield. Brookfield Reinsurance Ltd. agreed to buy all the shares in the US insurer it does not already own for $55 apiece,...
by Sebastian | Jul 5, 2023 | News
Saudi Arabia is hoping to attract private equity investment as part of a push to enhance the status and global profile of its top domestic football competition, The Saudi Pro League, according to a report by Bloomberg. Last month, Saudi Arabia’s $700 billion PIF...
by Sebastian | Jul 5, 2023 | News
Altas Partners (“Altas”) announced today the final closing of its third fund, Altas Partners Holdings III (Fund III), with US$4 billion of capital commitments. “We are very grateful to our investors for their partnership and confidence in Altas and our team,”...
by Sebastian | Jul 5, 2023 | News
A travel agent which specialises in transporting aid workers to warzones is close to changing hands in a deal worth about £40m. Sky News understands that Diversity Travel, which was founded in 2008, is on the verge of being sold to Primary Capital, a private equity...
