by Sebastian | Feb 26, 2023 | News
A $3.9bn purchase bid from buyout company Blackstone has been rejected by Cvent, a US software supplier that supports in-person and virtual meetings, Reuters has reported quoting individuals with knowledge of the situation. Blackstone withdrew from the talks when...
by Sebastian | Feb 26, 2023 | News
Abrdn is reportedly in talks with Spanish banking group Santander over a sale of its private equity unit. The FTSE-100 asset management heavyweight has received interest from ‘a small number of buyers’, according to Sky News. The unit is being valued at around £250m...
by Sebastian | Feb 26, 2023 | News
Hyve Group has confirmed a bid approach by US private equity firm Providence Equity that values the events group at about £306m. Best known for its large-scale international events such as Pure London, Hyve said the offer would be in cash at 105p per share, compared...
by Sebastian | Feb 26, 2023 | News
Blackstone Inc, the world’s largest private equity firm, is set to raise as much as $10bn for its tactical opportunities strategy, which gives it versatility to invest in a range of assets, people familiar with the matter told Reuters. Blackstone has amassed...
by Sebastian | Feb 26, 2023 | News
The Aberdeen-based energy services and consulting firm John Wood Group has rejected three takeover approaches from Apollo Global Management, in the latest private equity raid on a UK company. The FTSE-250 company said in a stock market filing on Wednesday that it had...