by Sebastian | Aug 16, 2024 | News
Private equity funds Advent International, Bain Capital and Clessidra have signed a binding deal to buy Italian banking services provider ICBPI for 2.15 billion euros ($2.4 billion), the consortium said in a joint statement on Friday. Current ICBPI shareholders will...
by Sebastian | Aug 16, 2024 | News
State Bank of India (SBI), the country’s largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees ($2.2 billion) currently in smaller rival Yes Bank (YESB.NS) four sources with direct knowledge said. Japanese...
by Sebastian | Aug 16, 2024 | News
Swedish investment firm EQT AB (EQTAB.ST), opens new tab will acquire PropertyGuru (PGRU.N), opens new tab in an all-cash deal, valuing the Singapore-based online real estate platform at $1.1 billion, the companies said on Friday. As part of the deal,...
by Sebastian | Aug 16, 2024 | News
A consortium of private credit and private equity firms including Davidson Kempner Capital Management and RRJ Capital have provided a $1bn private loan to Logan Group Co to allow the distressed Chinese property developer to refinance an exisiting credit facility,...
by Sebastian | Aug 16, 2024 | News
A consortium of private equity firms comprising CVC Capital Partners, Nordic Capital and Platinum Ivy, are to acquire Hargreaves Lansdown in a deal that values the UK’s largest savings and investment platform at £5.4bn ($6.9bn), according to a report by Bloomberg. ...
by Sebastian | Aug 16, 2024 | News
The private equity owner of Maverick Natural Resources is exploring a potential sale that could value the U.S. oil and gas producer at nearly $3 billion, including debt, according to people familiar with the matter. The Houston-based exploration and production...