by Sebastian | Nov 27, 2020 | IPEC, News, UKPEC
The Spanish banks BBVA and Sabadell have given up merger talks they confirmed less than two weeks ago because of disagreements over the pricing of the deal. Sabadell, which owns TSB in the UK, said it would now seek to “prioritise its Spanish domestic business”,...
by Sebastian | Nov 27, 2020 | News, SEAPEC
SAIC Motor, China’s largest state-owned carmaker and the Chinese partner of General Motors, has established a private equity fund to finance its forays into developing smart cars with the country’s biggest technology company Alibaba Group Holding. SAIC...
by Sebastian | Nov 27, 2020 | ITPEC, News
The coronavirus pandemic is spurring deal opportunities in Italy’s luxury hotel sector as international travel restrictions aggravate financial woes. Italy is the only European country with more than 1m hotel rooms and big chains account for only 5 per cent of them,...
by Sebastian | Nov 27, 2020 | News, SPEC
Swiss drugmaker Vifor Pharma had a recent takeover approach from at least one private equity firm, but talks were halted due to differences over price, two sources familiar with the situation said. The financial investors behind the initial approach suspended the...
by Sebastian | Nov 27, 2020 | News, NPCD
Swedish private equity firm EQT and Belgian telecom operator Proximus Group have signed a joint venture agreement to design, build and maintain an optical fibre-to-the-home network in Flanders. The EQT Infrastructure V fund and Proximus said they will build the...
