by Sebastian | Mar 8, 2023 | News
John Wood Group said it may reject a sweetened $1.98bn buyout proposal from private-equity firm Apollo Global Management, as it still undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6 was a cash offer valuing the...
by Sebastian | Mar 7, 2023 | News
Blackstone said it had blocked investors from cashing out their investments at its $71bn real estate income trust (BREIT) as the private equity firm continues to grapple with a flurry of redemption requests. BREIT said it fulfilled redemption requests of $1.4bn in...
by Sebastian | Mar 7, 2023 | News
Oaktree Capital plans to raise $10bn for a new fund that will help finance large private equity takeovers, the Financial Times reported on Tuesday, citing a letter sent to the U.S. asset manager’s clients. The new fund, known as Oaktree Lending Partners, may tap...
by Sebastian | Mar 7, 2023 | News
SK shieldus, the cybersecurity arm of South Korea’s telecommunications giant SK telecom Co., was sold to overseas private equity fund operated by Sweden’s largest conglomerate Wallenberg Group for about $1.5bn. EQT Partners will acquire part of SK square Co.’s stake...
by Sebastian | Mar 7, 2023 | News
EQT Active Core Infrastructure fund said on Wednesday it had, together with the Public Sector Pension Investment Board, agreed to buy Radius Global Infrastructure in a deal valued at $1.43bn. Including debt, the deal value would be about $3bn. Under the terms of the...
