Bain Capital and Baring Private Equity Asia are among firms considering bids to acquire an outsourcing business from their private equity rival Carlyle, according to people familiar with the matter. A sale of VXI Global Solutions is entering the final stages and a...
Lone Star Funds is considering a sale of its Chinese gas company Sino Gas & Energy Pty, according to people familiar with the matter. The Dallas-based private equity firm is working with a financial adviser on the potential transaction, the people said, asking not...
Vivendi SE, Telecom Italia SpA’s largest investor, could back ceding control of the former phone monopoly’s network to the Italian state, in a move that could counter KKR & Co.’s preliminary $12.2bn bid for the company. “The hypothesis of state control of the...
Abrdn has set up a new unit that will focus on taking equity stakes in companies, becoming the latest investment giant seeking to profit from an ongoing private equity boom. The 530 billion-pound ($713 billion) asset manager created the new unit after completing a...
The parent company of Boots, Britain’s biggest high street chemist, is to explore a sale of the business next year that could value it at well over £5bn. Sky News has learnt that Walgreens Boots Alliance (WBA) is lining up Goldman Sachs, the Wall Street bank, to... 