Reliance Industries Ltd. is looking to sell 40% stake in its retail unit to Amazon.com Inc. for $20 billion, according to a Bloomberg report. Amazon has held discussions about investing in Reliance Retail Ventures Ltd. and has expressed interest in negotiating a...
Private equity firm TPG is exploring the sale of Strive Communities, an operator of mobile-home parks that could fetch $750 million or more, according to people with knowledge of the matter. The firm, working with an adviser, is set to begin soliciting interest from...
Apax Partners has secured more than five times return multiple on the sale of Spanish online real estate listings platform Idealista to EQT, a person familiar with the transaction told Private Equity News. The €1.3bn deal is expected to close in December,...
Travel retailer Dufry plans to launch a capital increase to raise roughly 500 million Swiss francs ($548m) and has secured the support of private equity firm Advent International. The company said that its shareholders will meet on 6 October to approve the issue of...
Kansas City Southern has rejected a roughly $20 billion takeover offer from a group of investors, arguing that the bid undervalues the railroad operator, according to people familiar with the matter. Global Infrastructure Partners and the infrastructure arm of...