by Sebastian | May 27, 2022 | News
Transport giant FirstGroup has announced it was considering a £1.2bn takeover bid from US private equity I Squared. FirstGroup told investors it was currently considering a 118p per share cash offer after receiving the firm’s latest unsolicited bid yesterday. “The...
by Sebastian | May 27, 2022 | News
Broadcom said on Thursday it will acquire cloud computing company VMware Inc in a $61bn cash-and stock deal, the chipmaker’s biggest and boldest bid to diversify its business into enterprise software. The acquisition is the second biggest announced globally so far...
by Sebastian | May 27, 2022 | News
Private equity firms Kayne Anderson Capital Advisors, and Warburg Pincus are considering selling Terra Energy Partners for approximately $2.5bn, including debt, reported Reuters, citing people familiar with the matter. The buyout companies, with the help of an...
by Sebastian | May 27, 2022 | News
Air France-KLM has entered exclusive talks with New York-based private equity firm Apollo Global Management for a €500m capital injection into an engineering and MRO affiliate that owns a pool of spare engines. The aim, it said, is to help repay French state aid. “The...
by Sebastian | May 27, 2022 | News
Global private equity firm General Atlantic plans to plough $2bn into India and Southeast Asia over the next two years after falling valuations made the region’s startups more attractive, a senior executive told Reuters. General Atlantic is in early-stage...
