China’s 51job Agrees to Lower Buyout Offer of $4.3bn

China’s 51job Agrees to Lower Buyout Offer of $4.3bn

51job agreed to accept a lowered takeover offer from a private equity consortium valuing the Chinese online recruitment company at $4.3bn. An investor group backed by DCP Capital Partners and Ocean Link Partners reached a deal to buy the Nasdaq-traded firm for $61 per...
KKR makes new $8.9bn bet on growth in natural gas market

KKR makes new $8.9bn bet on growth in natural gas market

Private equity giant KKR and Pembina Pipeline have agreed to merge their western Canadian natural gas processing assets in a $8.9bn deal that will create a natural gas processing heavyweight and aims to take advantage of rising prices for the commodity. The...
Morgan Stanley Raises $2bn for Latest Private Equity Fund

Morgan Stanley Raises $2bn for Latest Private Equity Fund

Morgan Stanley has raised $2bn for its latest private equity fund North Haven Capital Partners VII from investors including clients of its wealth-management arm and institutions. “Our multiyear industry evaluations and deep sector focus has resulted in an industry...