EQT & German Tycoon Buy €1bn Stake in Greyhound Owner Flix

EQT & German Tycoon Buy €1bn Stake in Greyhound Owner Flix

Buyout firm EQT AB is teaming up with Germany’s richest man to acquire a 35% stake in German bus and train operator Flix SE. EQT and Kühne Holding AG, the investment vehicle of logistics tycoon Klaus-Michael Kühne, will become long-term anchor shareholders in Flix,...
Blackstone to sell Japan’s Alinamin to MBK for $2.2bn

Blackstone to sell Japan’s Alinamin to MBK for $2.2bn

Private equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for $2.17bn.The deal is expected to be signed soon, said the person, who declined to be identified as the information was...
UAE’s $30bn Alterra Fund Readies New Round of Allocations

UAE’s $30bn Alterra Fund Readies New Round of Allocations

A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments. Alterra, which struck deals worth $6.5 billion with BlackRock Inc., TPG Inc. and Brookfield...