KKR Is Said to Near $3 Billion Deal to Buy Consultancy ERM

KKR Is Said to Near $3 Billion Deal to Buy Consultancy ERM

KKR & Co is nearing a deal to acquire ERM Group Inc. from its Canadian owners in a deal that potentially values the sustainability consultancy at as much as $3 billion, according to people familiar with the matter. The buyout firm is set to beat out rival bidders...
KFC, Pizza Hut Franchisee Seeks SEBI’s Nod For IPO

KFC, Pizza Hut Franchisee Seeks SEBI’s Nod For IPO

The operator of Pizza Hut and KFC in India has sought the market regulator’s approval to go public. Devyani International Ltd. will offer fresh equity shares worth up to around $55m and an offer-for-sale of equity shares by Dunearn Investments (Mauritius) Pte. Ltd.—an...
Overseas bidders enter fray at Davy

Overseas bidders enter fray at Davy

American investment bank Stifel and British wealth manager Tilney Smith & Williamson are vying with Bank of Ireland to acquire Davy Stockbrokers, with a deadline of the end of July set for the selection of a preferred bidder. Sources say that a consortium of...
Brookfield aims to raise $100B for new flagship funds

Brookfield aims to raise $100B for new flagship funds

Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The Toronto-based alternative asset manager sold $13 billion of assets during...