by Sebastian | Jun 23, 2023 | News
BPEA EQT and ChrysCapital are to acquire a 90% stake in HDFC Credila, Housing Development Finance Corporation’s (HDFC) education finance arm, for $1.11bn, in what will be India’s largest-ever financial services sector private equity buyout, according to a...
by Sebastian | Jun 23, 2023 | News
London-based private equity firm Actis is to sell its 100% stake in the African green energy platform BTE Renewables to the utility company Engie and investment firm Meridiam for an enterprise value of $1bn. On completion, Paris-based Engie will acquire BTE’s South...
by Sebastian | Jun 23, 2023 | News
NiSource has agreed to sell a 19.9% stake in its subsidiary Northern Indiana Public Service Co., for $2.15bn to an affiliate of private equity firm Blackstone Infrastructure Partners. Blackstone committed to providing another $250m for capital spending by the utility,...
by Sebastian | Jun 23, 2023 | News
The business, which owns book retailers Foyle’s and Waterstones, has reportedly said it would be interested in buying Reiss for upwards of £500m from Next and its other shareholder private equity firm Warburg Pincus, Sky News reported. However, the publication said...
by Sebastian | Jun 22, 2023 | News
Wellington Management has held the final close of its fourth private late-stage growth strategy, Wellington Hadley Harbor IV, with $2.6bn in capital commitments and over $200m in co-investment capacity to invest alongside the fund. The fund seeks to invest in...