Apollo to get an investment worth $150m from KIC

Apollo to get an investment worth $150m from KIC

South Korea’s sovereign wealth fund, Korea Investment Corporation (KIC), is set to invest $150m in Apollo Global Management, the world’s second-largest private equity firm. As global funds seek alternative markets for investments and fundraising due to restrictions in...
KKR Completes ~$240m Investment in Reliance Retail

KKR Completes ~$240m Investment in Reliance Retail

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of $240m from the global investment firm KKR and has allotted 17.1m equity shares. Following the share allotment, KKR’s shareholding in Reliance Retail...
EQT-backed Lima to be acquired for $850m by Enovis

EQT-backed Lima to be acquired for $850m by Enovis

Lima is controlled by private equity firm EQT AB. Enovis Corp, a U.S. maker of orthopedic bracing and shoe inserts, has agreed to acquire Italian surgical implant manufacturer LimaCorporate SpA for approximately $850m, including debt, according to people familiar with...
TPG Takes Over InvoCare for $1.8bn

TPG Takes Over InvoCare for $1.8bn

Private equity firm TPG Capital’s $1.8bn buyout offer for InvoCare, Australia’s largest funeral homes and crematoria operator, has garnered regulatory approval and the endorsement of an independent expert. The Overseas Investment Office in New Zealand has...