Hammerson has agreed to sell its retail parks to Canadian private equity firm Brookfield, after a difficult year for the group that saw the pandemic wipe £2bn from the retail landlord’s property portfolio. Brookfield will pay about £350m for seven retail parks, the...
Abu Dhabi’s Mubadala Investment Co. has started preparations for a US initial public offering of chipmaker GlobalFoundries, people with knowledge of the matter said. The sovereign wealth fund has been having initial discussions with potential advisers about a listing...
Sisal, which runs SuperEnalotto in Italy, will lead a consortium including private equity firm CVC Capital Partners to bid to operate the National Lottery in the U.K., the Telegraph reported, without saying where it got the information. It will compete against the...
BlackRock and Jean-Pierre Mustier’s blank-check firm are among investors expressing interest in Credit Suisse’s asset management arm, three sources told Reuters, as the Swiss lender explores options for the unit after a run of costly scandals. U.S. investment firm...
A group of foreign investors and retail shareholders have made a non-binding takeover bid worth 200 million euros ($238 million) for a 70% stake in Abenewco1, the holding company of Spanish engineering and energy group Abengoa SA. Last month, Abenewco1 had received a... 