Veritas Capital to buy Carlyle’s Chromalloy for $1.6bn

Veritas Capital to buy Carlyle’s Chromalloy for $1.6bn

Private equity firm Veritas Capital Fund Management has agreed to buy aircraft parts manufacturer Chromalloy Gas Turbine from Carlyle Group for more than $1.6bn, including debt, according to people familiar with the matter. The deal could be announced as early as...
KKR Considers Sale of Pub Chain Australian Venue

KKR Considers Sale of Pub Chain Australian Venue

KKR has hired investment bank Jefferies to help evaluate a potential sale of Australian Venue, an owner of pubs and other entertainment venues, the Australian Financial Review reported. The US private-equity giant is keen to sound out potential buyers after two failed...
Blackstone acquires Nordea’s remaining shareholding in Luminor

Blackstone acquires Nordea’s remaining shareholding in Luminor

With the purchase of 11.6% of Luminor Holding from Nordea, a consortium led by private equity funds managed by Blackstone now owns 80 percent of Luminor Holding, the parent company of Luminor Bank, the bank announced Thursday. Nils Melngailis, chair of the supervisory...
Hollysys management to lead take-private deal at $1.8bn valuation

Hollysys management to lead take-private deal at $1.8bn valuation

A consortium led by China’s Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8bn, people with knowledge of the matter said. The management team, led by...
Semiconductors ripe for private equity after CHIPS Act

Semiconductors ripe for private equity after CHIPS Act

A U.S. effort to bolster domestic semiconductor manufacturing is likely to spur more private equity investment in the capital-intensive industry and the businesses that support it, industry sources told S&P Global Market Intelligence. The CHIPS Act signed into law...