Bain Capital closes $2 billion Asia ‘special situations fund

Bain Capital closes $2 billion Asia ‘special situations fund

Bain Capital has closed a $2bn “special situations fund” for the Asia-Pacific region to cover a range of asset types but with a focus on real estate, said Barnaby Lyons, one of the investment firm’s managing directors. The fund is the second of its type that Bain has...
Waste management giant Biffa receives £1.3bn takeover offer

Waste management giant Biffa receives £1.3bn takeover offer

Waste management firm Biffa has announced today it has received a takeover offer from a US equity company. The ‘unsolicited’ offer, worth around £1.36bn, came from affiliates of New Jersey-based firm Energy Capital Partners (ECP). The proposal consists of 445p per...