Bain Capital Wins Over Estia in $838m Victory for Private Equity

Bain Capital Wins Over Estia in $838m Victory for Private Equity

Private equity group Bain Capital has won its five-month pursuit of aged care home operator Estia Health after its $838m offer was endorsed by the target’s board. Estia, which operates 73 homes across Victoria, South Australia, New South Wales and Queensland, aims to...
JIP to Launch $14bn Tender Offer for Toshiba

JIP to Launch $14bn Tender Offer for Toshiba

Toshiba said on Monday a group led by private equity firm Japan Industrial Partners (JIP) would launch a $14bn tender offer on Aug 8th to take the industrial conglomerate private and put it in domestic hands. The tender offer, which values the electronics-to-power...
TPG to Cut Offer for Funeral Firm InvoCare to $1.2bn

TPG to Cut Offer for Funeral Firm InvoCare to $1.2bn

Private equity firm TPG Inc. has made a revised takeover proposal to Australian funeral home operator InvoCare Ltd. of around A$1.83 billion ($1.21 billion), down from about A$1.87 billion following exclusive due diligence, according to people familiar with the...