Deutsche Telekom has agreed to sell 51% of its towers business to a consortium of Canada’s Brookfield and U.S. private equity firm DigitalBridge after they placed a surprise $17.5bn bid in the auction’s final stages. Brookfield had originally made a...
Spain’s Cellnex said on Wednesday it was withdrawing its offer for a stake in Deutsche Telekom’s towers business, paving the way for a competing bid from a consortium led by KKR to secure the estimated $18bn deal. The sale process, which kicked off in...
Global Investment firm KKR closed its first asset-backed finance fund with about $2.1bn from investors who are increasingly turning to collateral-based cash flows with attractive yields to beat market volatility. KKR’s Asset-Based Finance Partners fund drew from a...
Stone Point Capital, a private equity firm based in Greenwich, Connecticut, focused on financial services and related industries, announced that it held the final closing of its ninth private equity fund, Trident IX, with more than $9bn of total commitments, including...
Pathstone, a partner-owned and private equity–backed registered investment advisory firm providing investment advice and family office services on more than $35bn in client assets for families, foundations and endowments, announced it has entered into an agreement to... 