by Sebastian | Aug 23, 2021 | News, UKPEC
Boeing has promised to invest in Richard Branson’s Virgin Orbit as part of a satellite launch startup’s planned $3.2bn SPAC listing later this year. Virgin Orbit will be listed on the Nasdaq Stock Exchange by merging with NextGen Acquisition Corporation, a...
by Sebastian | Aug 23, 2021 | News, UKPEC
I Squared Capital, through its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund, has invested approximately $200m as a first tranche of a $300m equity raise in AG&P City Gas. AG&P City Gas is a Singapore-based company that is...
by Sebastian | Aug 23, 2021 | News, UKPEC
TPG’s $5.4bn climate fund has made its first investment in clean energy, and has partnered with investors, including Bill Gates, to develop a low-cost battery that enables electricity networks to better integrate renewable energy. Launched last month, TPG Rise...
by Sebastian | Aug 23, 2021 | News, UKPEC
Spark Infrastructure Group agreed to a takeover offer from consortium led by KKR & Co. valuing the Australian energy company at about $3.7bn. The private equity firm and its partners offered $2.11 per share in a scheme-of-arrangement deal for the Sydney-based...
by Sebastian | Aug 22, 2021 | News, UKPEC
Nvidia Corp’s planned $40bn acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation. Struck in September last year, the deal for...
by Sebastian | Aug 22, 2021 | News, UKPEC
US private equity giant Blackstone has entered exclusive negotiations to acquire a majority stake in leading asset and wealth management firm ASK Group which is backed by rival private equity firm Advent International. “Post the submission of binding bids by various...
