by Sebastian | Sep 5, 2022 | News
Private equity firms Fountainvest Capital Partners, TPG and Warburg Pincus are among final-round bidders for Carlyle Group’s stake in AmbioPharm Inc, people with knowledge of the transaction told Reuters. Carlyle, which is targeting a valuation of $1 billion for Ambio...
by Sebastian | Sep 5, 2022 | News
Aston Martin is raising $660m in a rights issue as major investors including Saudi Arabia’s sovereign wealth fund keep faith with the struggling luxury British carmaker. The 109 year-old company said on Monday it would issue four new shares at 103 pence apiece...
by Sebastian | Sep 5, 2022 | News
Private equity firm Veritas Capital Fund Management has agreed to buy aircraft parts manufacturer Chromalloy Gas Turbine from Carlyle Group for more than $1.6bn, including debt, according to people familiar with the matter. The deal could be announced as early as...
by Sebastian | Sep 5, 2022 | News
KKR has hired investment bank Jefferies to help evaluate a potential sale of Australian Venue, an owner of pubs and other entertainment venues, the Australian Financial Review reported. The US private-equity giant is keen to sound out potential buyers after two failed...
by Sebastian | Sep 2, 2022 | News
With the purchase of 11.6% of Luminor Holding from Nordea, a consortium led by private equity funds managed by Blackstone now owns 80 percent of Luminor Holding, the parent company of Luminor Bank, the bank announced Thursday. Nils Melngailis, chair of the supervisory...
by Sebastian | Sep 2, 2022 | News
A consortium led by China’s Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8bn, people with knowledge of the matter said. The management team, led by...
