KKR launches €2.8bn takeover bid for Encavis

KKR launches €2.8bn takeover bid for Encavis

American private equity investor KKR has put forward a €2.8bn ($3bn) offer to acquire German renewable energy producer Encavis.   KKR’s subsidiary Blitz 21-823 (BidCo) has made an investment agreement to initiate a voluntary public takeover offer for all outstanding...
TPG to halve China allocation of new $5bn Asia fund

TPG to halve China allocation of new $5bn Asia fund

TPG Inc is to cut the China investment allocation of its eighth Asia buyout fund, which is set to close with around $5bn in total capital commitments, by about 50% compared with previous funds focused on the region, according to a report by Bloomberg. The report cites...
Golding raises nearly €280m for latest secondaries fund

Golding raises nearly €280m for latest secondaries fund

Golding Capital Partners has raised nearly €280m for its latest secondaries fund with the vehicle on track to attract more capital commitments than the firm’s inaugural secondaries fund, according to a report by Secondaries Investor. The report cites a statement...
Home Depot acquires SRS Distribution in $18bn purchase

Home Depot acquires SRS Distribution in $18bn purchase

Home Depot hopes to gain more professional customers who work on larger projects through the acquisition of SRS Distribution, which supplies roofers and other contractors. Home Depot announced Thursday it is buying a roofing distributor in a massive $18 billion deal...