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  • News & Insights
Embassy group in talks with Blackstone to sell warehouse biz for $240 million enterprise value

Embassy group in talks with Blackstone to sell warehouse biz for $240 million enterprise value

by Sebastian | Apr 9, 2021 | News

Realty firm Embassy group is in the advance stage of talks with global investment firm Blackstone to sell its warehousing and industrial parks business at an enterprise value of around $240 million, sources said. In 2015, the Bengaluru-based Embassy group had formed a...
T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic

T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic

by Sebastian | Apr 9, 2021 | News

T-Mobile Netherlands said on Wednesday it will invest at least $832 million to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR and DTCP. The project aims to reach 1 million households within five years,...
Heavyweight investors see $90bn SPAC craze fizzling in the next year

Heavyweight investors see $90bn SPAC craze fizzling in the next year

by Sebastian | Apr 9, 2021 | News

Investors overseeing almost $13tn in assets say the frenzy around Spac listings will slow over the coming 12 months, predicting a spate of high profile failures will suppress appetite for so-called blank-cheque companies. Despite the large number of Spac listings,...
T Map Mobility raises pre-IPO funding of $359 mn from two PE firms

T Map Mobility raises pre-IPO funding of $359 mn from two PE firms

by Sebastian | Apr 9, 2021 | News

T Map Mobility Co., a latecomer in the mobility service provider backed by Korea’s top wireless carrier SK Telecom Co., drew pre-IPO funding of $359 million from two private equity funds for ammunitions to better compete with Kakao Mobility front-running in the...
Sumeru Equity leads $100 million funding in Canada-based Tasktop

Sumeru Equity leads $100 million funding in Canada-based Tasktop

by Sebastian | Apr 9, 2021 | News

Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused private equity firm Sumeru Equity Partners. The company, which makes software-development tools, said existing investors and company management also...
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