Brambles opens talks with CVC over $13.8bn takeover

Brambles opens talks with CVC over $13.8bn takeover

CVC Capital Partners plans to walk away from a potential bid for Brambles, the Australian provider of pallets and crates for transporting goods around the world, people with knowledge of the matter said. The private equity firm has informed Sydney-based Brambles it...
Carlyle to buy U.S. defense contractor ManTech for $3.9bn

Carlyle to buy U.S. defense contractor ManTech for $3.9bn

ManTech International Corp on Monday agreed to a $3.93bn all-cash deal with Carlyle Group Inc as the private equity firm strengthens its portfolio of U.S. defense contractors. Carlyle has offered $96 per ManTech share held, representing a 17% premium to the stock’s...
Apollo Eyes $1.25bn Mexican Soccer Investment

Apollo Eyes $1.25bn Mexican Soccer Investment

Apollo Global Management is planning to offer Liga MX a roughly $1.25bn investment in exchange for a share of the Mexican soccer league’s international media revenue, according to someone familiar with the plan. The private equity giant is seeking 20% of the profits...
Canada’s Brookfield to list 25% of asset management unit

Canada’s Brookfield to list 25% of asset management unit

Brookfield Asset Management said it will separate and list 25% of the stake in its asset management unit, months after the Toronto-based company said it was considering the move to open up growth options. The company will initially hold a 75% stake in the new entity,...