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...
by Sebastian | Feb 26, 2023 | News
Hyve Group has confirmed a bid approach by US private equity firm Providence Equity that values the events group at about £306m. Best known for its large-scale international events such as Pure London, Hyve said the offer would be in cash at 105p per share, compared...
by Sebastian | Feb 26, 2023 | News
Blackstone Inc, the world’s largest private equity firm, is set to raise as much as $10bn for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters. Blackstone has amassed...
by Sebastian | Feb 26, 2023 | News
The Aberdeen-based energy services and consulting firm John Wood Group has rejected three takeover approaches from Apollo Global Management, in the latest private equity raid on a UK company. The FTSE-250 company said in a stock market filing on Wednesday that it had...
by Sebastian | Feb 26, 2023 | News
Partners Group Holding is nearing a deal to acquire a minority stake in UK pharmaceutical manufacturing services provider Sterling Pharma Solutions, people with knowledge of the matter said. The Swiss investment group has emerged as the frontrunner in an auction...
by Sebastian | Feb 22, 2023 | News
Warburg Pincus is raising $439m in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing local currency investment opportunities in China. China’s regulatory crackdown on private...
