Boeing plans to invest in Virgin Orbit’s $3.2bn SPAC listing

Boeing plans to invest in Virgin Orbit’s $3.2bn SPAC listing

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...
I Squared Capital Invests $200m in AG&P City Gas

I Squared Capital Invests $200m in AG&P City Gas

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...
TPG $5.4bn climate fund backs long-duration battery start-up

TPG $5.4bn climate fund backs long-duration battery start-up

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...
KKR-Led Group Inks $3.7bn Deal to Buy Australia’s Spark

KKR-Led Group Inks $3.7bn Deal to Buy Australia’s Spark

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...
Nvidia’s $40bn deal for ARM dealt blow by UK regulator

Nvidia’s $40bn deal for ARM dealt blow by UK regulator

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...