by Sebastian | Jul 12, 2024 | News
European utility Engiehas joined forces with Canada’s second-largest pension fund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter. The consortium formed by Engie and Caisse de dépôt et...
by Sebastian | Jul 12, 2024 | News
Private equity firm Carlyle Group is in exclusive discussions to purchase Baxter International’s kidney care spinoff, Vantive, in a deal valued at around $4bn including debt, according to reports by Reuters and the Wall Street Journal. The report cites an unnamed...
by Sebastian | Jul 12, 2024 | News
Axel Springer Chief Executive Mathias Doepfner and private equity group KKR KKR.N are in talks to break up the media conglomerate, the Financial Times reported on Thursday, citing people with knowledge of the matter. A potential deal would separate the group’s media...
by Sebastian | Jul 12, 2024 | News
Private-equity firm Bain Capital will buy Envestnet, in a $4.5bn deal, adding to its portfolio a financial software vendor that counts 16 of the 20 biggest U.S. banks among its customers.A cohort of investors, including Reverence Capital, BlackRock (BLK.N), opens new...
by Sebastian | Jul 5, 2024 | News
BlackRock Inc. is singling out funds with combined assets of $150bn for an extra screen designed to ensure the investments are aligned with strict climate goals. The world’s largest money manager said the decision affects 83 funds domiciled in Europe, according to an...