by Sebastian | Jul 12, 2024 | News
Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. The sale comes after a review of strategic alternatives by the company. Héroux-Devtek...
by Sebastian | Jul 12, 2024 | News
Hahn & Co, a South Korean private equity firm founded by former Morgan Stanley banker Scott Sang-Won Hahn, has raised $3.4bn for a new buyout fund, making it the largest single-country focused vehicle in Asia this year, according to a report by Bloomberg. The...
by Sebastian | Jul 12, 2024 | News
Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker. KKR, which holds around 43% of Kokusai’s shares, plans to sell about...
by Sebastian | Jul 12, 2024 | News
European utility Engiehas joined forces with Canada’s second-largest pension fund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter. The consortium formed by Engie and Caisse de dépôt et...
by Sebastian | Jul 12, 2024 | News
Private equity firm Carlyle Group is in exclusive discussions to purchase Baxter International’s kidney care spinoff, Vantive, in a deal valued at around $4bn including debt, according to reports by Reuters and the Wall Street Journal. The report cites an unnamed...
by Sebastian | Jul 12, 2024 | News
Axel Springer Chief Executive Mathias Doepfner and private equity group KKR KKR.N are in talks to break up the media conglomerate, the Financial Times reported on Thursday, citing people with knowledge of the matter. A potential deal would separate the group’s media...
