BPEA EQT and ChrysCapital are to acquire a 90% stake in HDFC Credila, Housing Development Finance Corporation’s (HDFC) education finance arm, for $1.11bn, in what will be India’s largest-ever financial services sector private equity buyout, according to a...
London-based private equity firm Actis is to sell its 100% stake in the African green energy platform BTE Renewables to the utility company Engie and investment firm Meridiam for an enterprise value of $1bn. On completion, Paris-based Engie will acquire BTE’s South...
NiSource has agreed to sell a 19.9% stake in its subsidiary Northern Indiana Public Service Co., for $2.15bn to an affiliate of private equity firm Blackstone Infrastructure Partners. Blackstone committed to providing another $250m for capital spending by the utility,...
The business, which owns book retailers Foyle’s and Waterstones, has reportedly said it would be interested in buying Reiss for upwards of £500m from Next and its other shareholder private equity firm Warburg Pincus, Sky News reported. However, the publication said...
Wellington Management has held the final close of its fourth private late-stage growth strategy, Wellington Hadley Harbor IV, with $2.6bn in capital commitments and over $200m in co-investment capacity to invest alongside the fund. The fund seeks to invest in... 