by Sebastian | May 28, 2021 | News
Aircraft and car parts supplier Senior Plc rejected a $1.05bn takeover proposal from Lone Star Global, a unit of the private equity firm said on Friday. The unit, LSF XI Investments, said in a statement it had made an offer of 176 pence per share on May 20, its third...
by Sebastian | May 28, 2021 | News
Norway’s largest pension company KLP said it had teamed up with Macquarie Asset Management to invest $245m in a new fund targeting long-term loans in “dark green” infrastructure with zero or near-zero carbon emissions. The deal involves Macquarie identifying loans...
by Sebastian | May 28, 2021 | News
Swedish payments firm Klarna is close to raising a new round of funding from a group of investors including SoftBank that could lift the company’s valuation close to $50 billion, three sources told Reuters. The latest fundraising is expected to be Klarna’s final...
by Sebastian | May 28, 2021 | News
Private equity firm TA Associates is planning a London listing for Czech firm W.A.G. payment solutions, also known as Eurowag, two sources said, reaffirming the London Stock Exchange’s ability to attract European companies post-Brexit. Citi, Jefferies and Morgan...
by Sebastian | May 28, 2021 | News
Investors in British companies are taking a stand against cheap takeovers. Shares in UK-listed groups like Spire Healthcare and Vectura are trading above the price of recently agreed offers. Big shareholders including Allianz Global Investors complain that some deals...