CK Hutchison closes in on €10bn European tower sale to Cellnex

CK Hutchison closes in on €10bn European tower sale to Cellnex

CK Hutchison is closing in on a sale of its large portfolio of mobile towers in Europe to Cellnex, the acquisitive Spanish telecoms infrastructure company, which would net the owner of the Three mobile brand €10bn if a deal is agreed. The Hong Kong-based group carved...
Agilitas backs military vehicle, soldier armour developer TenCate

Agilitas backs military vehicle, soldier armour developer TenCate

Pan-European private equity firm Agilitas has agreed to buy soldier and military vehicle protection specialist TenCate Advanced Armour from Royal TenCate, a textile manufacturer backed by Gilde Buy Out Partners and Parcom Capital. Headquartered in Nijverdal, The...
Coronavirus adds to woes of India’s property developers

Coronavirus adds to woes of India’s property developers

On the highway to Greater Noida, a sprawling extension of India’s capital city New Delhi, a stretch of unfinished apartment buildings runs for kilometres, the empty shells testament to a property slump that is being prolonged by the coronavirus pandemic. Vinod Kumar,...
BlackRock looks for new profit rockets as rivals play defence

BlackRock looks for new profit rockets as rivals play defence

When the pandemic knocked US stocks from record highs in February, Paul Stappard, a portfolio manager for Deltec, a private bank, scoured the stock market for companies with a record of prospering during big bouts of upheaval. He landed upon a surprising candidate:...
Nordic Capital carves-out RegTech from BearingPoint

Nordic Capital carves-out RegTech from BearingPoint

Stockholm-based Nordic Capital is set to acquire a majority stake in BearingPoint’s RegTech business, a regulatory reporting platform used by more than 6,000 firms including banks, insurance companies and supervisory authorities. Founded over 25 years ago,...