Blackstone commits to $2.41B investment into NiSource

Blackstone commits to $2.41B investment into NiSource

Blackstone Infrastructure will invest $2.41 billion in the Northern Indiana Public Service Company (NIPSCO), a unit of NiSource, the company announced Tuesday. The deal involves Blackstone acquiring a 19.9% indirect non-controlling equity interest in NIPSCO for $2.16...
UnitedHealth to Take $7 Billion Charge for Sale of Brazil Unit

UnitedHealth to Take $7 Billion Charge for Sale of Brazil Unit

UnitedHealth Group Inc., the biggest US health insurer, said it will take a charge of about $7 billion for the sale of its operations in Brazil to a private investor. UnitedHealth agreed to sell the unit to Brazilian entrepreneur Jose Seripieri Filho, the company said...
Bain Is Exploring €1 Billion Sale of Centrient Pharma

Bain Is Exploring €1 Billion Sale of Centrient Pharma

Bain Capital is exploring a sale of Centrient Pharmaceuticals, an antibodies manufacturer that could be valued at as much as €1 billion ($1.1 billion), people familiar with the matter said. The private equity firm is working with Citigroup Inc. and Jefferies Financial...
Saudi Fund Outpaces Singapore’s GIC With $31.6 Billion Splurge

Saudi Fund Outpaces Singapore’s GIC With $31.6 Billion Splurge

Saudi Arabia’s Public Investment Fund emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC Pte and Temasek Holdings Pte slashed spending. PIF, as the Saudi fund is known, deployed $31.6...