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...
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 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...
US private equity giant Blackstone has entered exclusive negotiations to acquire a majority stake in leading asset and wealth management firm ASK Group which is backed by rival private equity firm Advent International. “Post the submission of binding bids by various...
Investment-fund billionaire William Ackman, who launched the largest-ever special-purpose acquisition company with an aim of landing a big target to take public, may now return its funds to shareholders in the face of a lawsuit questioning the vehicle’s legality. Mr.... 