Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 bn euros ($8.04 bn) to concentrate on faster growing products. The maker of Knorr soup and Dove soap announced the deal on Friday, hours after Reuters reported that...
US private equity giant Carlyle is set to take control of Southend Airport after agreeing a deal to settle a debt with its current owner. The investor will take an 82.5% stake in London Southend Airport (LSA), while current owner Esken will keep 17.5%. Esken, formerly...
American private equity investor KKR has put forward a €2.8bn ($3bn) offer to acquire German renewable energy producer Encavis. KKR’s subsidiary Blitz 21-823 (BidCo) has made an investment agreement to initiate a voluntary public takeover offer for all outstanding...
TPG Inc is to cut the China investment allocation of its eighth Asia buyout fund, which is set to close with around $5bn in total capital commitments, by about 50% compared with previous funds focused on the region, according to a report by Bloomberg. The report cites...
Golding Capital Partners has raised nearly €280m for its latest secondaries fund with the vehicle on track to attract more capital commitments than the firm’s inaugural secondaries fund, according to a report by Secondaries Investor. The report cites a statement... 