Vodafone Rejects $13bn Italy Bid From Iliad, Apax

Vodafone Rejects $13bn Italy Bid From Iliad, Apax

Vodafone Group Plc has rejected an $12.9bn offer for its Italian unit from a consortium backed by billionaire Xavier Niel’s Iliad. The approach was “not in the best interests of shareholders,” Vodafone said in a statement Thursday, which confirmed an early Bloomberg...
Apollo closing in on $2.3bn deal to buy Worldline

Apollo closing in on $2.3bn deal to buy Worldline

Investment fund Apollo Global Management is closing in on a deal to buy the point-of-sale (POS) terminal business of France-based Worldline for nearly $2.3bn, according to a report in The Wall Street Journal on Friday. Worldline shares were rallying 8% in Paris...
Partners Group buys skin treatment company for $1.5bn

Partners Group buys skin treatment company for $1.5bn

OMERS Private Equity today announced that it has signed an agreement to sell its interest in Forefront Dermatology to leading global private markets firm, Partners Group, acting on behalf of its clients. As part of the transaction, OMERS as well as Forefront’s...
Zendesk rejects $16bn offer from private equity consortium

Zendesk rejects $16bn offer from private equity consortium

Zendesk, the software company under activist shareholder pressure to abandon its $3.9bn all-stock acquisition of the parent of online survey portal SurveyMonkey,said on Thursday it had rejected an acquisition offer from a consortium of private equity firms for as much...