Mirova raises $171m at first closing of Gigaton Fund 1

Mirova raises $171m at first closing of Gigaton Fund 1

Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, raised $171m in the first closing of a blended finance debt fund that aims to accelerate the clean-energy transition in emerging markets. Long-standing partners such as US...
Brookfield looks to put $1bn in Avaada

Brookfield looks to put $1bn in Avaada

Canadian investor Brookfield is in advanced discussions to invest up to $1bn through multiple tranches in Avaada Ventures, parent entity of Avaada Group. The infusion will fund the group’s solar cell/module manufacturing and green ammonia plans, as well as its...
Apollo Global to Buy Univar in $8.1bn Deal

Apollo Global to Buy Univar in $8.1bn Deal

Apollo Global Management has agreed to acquire chemical maker Univar Solutions Inc. for $8.1bn including debt. Univar shareholders will receive $36.15 a share, the companies said in a statement. The all-cash transaction is expected to close in the second half of the...
Blackstone to sell stake in Sona Comstar for $640m

Blackstone to sell stake in Sona Comstar for $640m

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings for $640m, two people aware of the deal said. The sale of shares through block deals is expected to close on Monday. Investment bank JM Financial...