British engineering company Rolls-Royce said shareholders signed up for 94% of new shares it issued as part of a 2 billion pound ($2.64 billion) rights issue to bolster its finances after the pandemic stopped planes flying. Rolls-Royce said on Thursday that the...
Blackstone Group Inc. has agreed to acquire the glass unit of Indian conglomerate Piramal Enterprises Ltd. for about $1 billion, according to people with knowledge of the matter. The transaction could be announced as soon as in the next few weeks, one of the people...
Norwegian private equity group HitecVision and Italy’s Eni have formed a joint venture to develop renewable energy in the Nordic region, building on their existing cooperation in oil, they said on Wednesday. The Vaargroenn venture, 69.6% owned by Eni, aims to install...
Three property companies have laid bare the impact of coronavirus on the UK market, with the pandemic hitting valuations and customer interest. Property companies across the UK have been hit hard by both the virus and the government’s response. Commercial tenants have...
Private equity group Advent has shortlisted four prospective buyers in the sale of its Dutch medical supplier Mediq, which could fetch more than 1 billion euros (890.8 million pounds), sources close to the matter said. Buyout groups Bain, CD&R, CapVest and Triton...
