Atlantia has agreed to sell a 49% stake in its highway toll collection business Telepass to investment manager Partners Group. The Italian infrastructure company said it sold the stake for a purchase consideration of €1.06bn and that the deal would be completed in the...
Spanish telecom giant Telefonica is readying an alliance with the private equity arm of German insurer Allianz to finance a 5 billion euro infrastructure investment in Germany, Spanish newspaper Expansion said on Monday. Telefonica and Allianz aim to create a joint...
India’s Jet Airways would be acquired by an investor consortium under a multi-million dollar resolution plan approved by the carrier’s creditors on Saturday. The plan submitted by a consortium of London-based Kalrock Capital and UAE-based businessman Murari Lal Jalan...
Indian developer Prestige Estates Projects said Blackstone Group signed a non-binding agreement to buy some of its assets. The deal will include the sale of “commercial offices, retail and hotel properties, mall management and identified maintenance...
Private Equity giant, Blackstone, is exploring a possible sale of its interest in Beauparc Utilities, Ireland’s largest waste company, in a deal that would value the business at close to €1bn. It is understood that Blackstone has hired advisers to look at the...
