Liverpool Victoria Financial Services has agreed to sell its savings & retirement and protection businesses to funds advised by Bain Capital Credit LP for 530 million pounds ($706.54 million), the company said on Tuesday. Under terms of the deal, LV=’s...
Blackstone today announced that Blackstone Property Partners Life Sciences will acquire a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.45 billion. BPPLS is Blackstone Real Estate’s...
A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say. Keen for revenue after a year marked by...
British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...
BNP Paribas Asset Management has launched two new infrastructure debt funds totalling 1 billion through the BNP Paribas European Infrastructure Debt Fund II, which will target EUR500 million, and the BNP Paribas European Junior Infrastructure Debt Fund I, which will...