by Sebastian | Oct 5, 2022 | News
Cleary Gottlieb represented global insurer and financial services provider NN Group (NN) in the sale by its subsidiary NN Insurance Belgium (NN Belgium) of a closed book of life retail insurances, representing approximatively €3.3bn of assets and liabilities, to...
by Sebastian | Oct 5, 2022 | News
Lumen has completed the $7.5bn sale of its local fibre and copper networks in 20 US states to a private equity-owned operation, Brightspeed. Brightspeed said it is now the fifth largest independent local exchange carrier (ILEC) in the US, covering more than 6.5...
by Sebastian | Oct 5, 2022 | News
In a bid to provide retail investors with concentrated exposure to global private equity investments, the asset manager has launched its first retail private equity fund, the MLC Global Private Equity Fund. Previously only available to institutional investors, the new...
by Sebastian | Oct 4, 2022 | News
Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.1bn. The deal, announced on Tuesday, makes York the latest space unicorn — a company valued at over $1...
by Sebastian | Oct 4, 2022 | News
Levine Leichtman Capital Partners has bought agribusiness workflow and data services provider AGDATA from Vista Equity Partners. The deal comes eight years after Vista picked up AGDATA from SFW Capital at a decent return for its previous owner. AGDATA which was...
by Sebastian | Oct 4, 2022 | ITPEC, News
Elon Musk is proposing to go ahead with his original offer of $44bn to take Twitter private, a securities filing showed on Tuesday, signaling an end to a legal battle that could have forced Musk to pay up. An agreement would put the world’s richest person in...
