by Sebastian | Dec 16, 2020 | News
Xugong Group Construction Machinery Co Ltd is set to receive about $2.26 billion from backers including GIC Pte Ltd, sources said, in one of China’s biggest mixed-owner reforms of a state-owned enterprise (SOE). The deal is slated for completion by year-end, two...
by Sebastian | Dec 16, 2020 | News
Billionaire Anil Agarwal’s Vedanta group plans to raise as much as $8 billion through a mix of debt and equity to secure funds for the acquisition of state-run Bharat Petroleum Corp. Ltd (BPCL), two people directly aware of the talks with investors and banks said....
by Sebastian | Dec 15, 2020 | News, NPCD
Private equity firm Advent International is preparing an initial public offering of its parcel locker business InPost in early 2021 in Amsterdam, several people close to the matter said, valuing its equity at between 7-8 billion euros ($8.51-9.72 bln). The U.S. buyout...
by Sebastian | Dec 15, 2020 | News, NPCD
ATM company Cardtronics (CATM) – Get Report announced Tuesday it had agreed to be purchased by Apollo Global Management (APO) – Get Report and Hudson Executive Capital for $2.3 billion, or $35 per share. The per share purchase price represents a 60%...
by Sebastian | Dec 15, 2020 | News, NPCD
Logistics Property Company, LLC (LPC), today announced the successful closing of its develop-to-core fund, LPC Logistics Venture One, LP (the “Fund”), with total equity commitments of $1 billion from several global institutional investors. The Fund focuses on...
