US-based private equity firm KKR is planning to sell the Japanese supermarket chain Seiyu in a deal potentially worth several billion dollars, according to Nikkei business daily. The bidding process has commenced. Major retailers such as Aeon, Pan Pacific...
Gayton McKenzie, the South African Minister of Sports, has advised SA Rugby to reject the latest offer from the US-based Ackerley Sports Group to acquire a 20% share in the Springboks’ commercial interests. McKenzie declared for News24 that he opposes...
KKR pushes Fuji Soft to file lawsuits against Bain Capital, alleging violations of a non-disclosure agreement. According to a letter sent to Fuji Soft’s board on Monday, the US private equity firm is urging Fuji Soft to seek an injunction in order to stop Bain...
A Blackstone-led investor group is acquiring a majority stake in US accounting firm Citrin Cooperman, valuing the company at over $2bn, according to sources cited by the Financial Times on Tuesday. This could mark Blackstone’s first investment in the accounting...
US pipeline operator ONEOK Inc. agreed to buy a Permian Basin rival and a controlling stake in another company in two transactions valued at a combined $5.9 billion. ONEOK will acquire Global Infrastructure Partners’ entire interest in EnLink Midstream LLC and also...