by Sebastian | Jan 12, 2024 | News
Private equity funds managed by Blackstone are to acquire a majority stake in Sony Payment Services Inc (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary of Sony Group. Sony Bank will roll over a certain portion of its...
by Sebastian | Jan 12, 2024 | News
Brookfield Asset Management is to acquire American Tower Corp’s (ATC) loss-making Indian operations for $2.5bn, becoming one of the country’s largest operator of telecom towers in the process, according to a report by Reuters. The acquisition, which is the third and...
by Sebastian | Jan 12, 2024 | News
BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management. The deal – $3 billion in cash and 12 million BlackRock shares – will make the...
by Sebastian | Jan 12, 2024 | News
International private equity firm Cinven has held the final close of its latest flagship fund, the Eighth Cinven Fund (‘Fund 8’), at its hard cap of $14.5bn (€13.2bn), nearly 30% larger than its 2019 vintage predecessor fund. According to Stuart McAlpine, Managing...
by Sebastian | Jan 5, 2024 | News
A comeback in private equity activity is the key to ending an 18-month slump in dealmaking — and there are signs that’s starting to happen, according to one of Goldman Sachs Group Inc.’s top M&A bankers. Get the week’s top news delivered directly to your...
