by Sebastian | Feb 23, 2022 | News
Automotive parts maker Tenneco is being taken private by funds managed by affiliates of private equity firm Apollo in an all-cash deal valued at about $7.1bn. The transaction includes the assumption of Tenneco’s debt. Apollo will pay $20 per Tenneco Inc. share,...
by Sebastian | Feb 23, 2022 | News
After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing access to some of Wall Street’s deepest pockets. Blackstone, once a major player in shale patches, is telling clients its private equity arm will no longer...
by Sebastian | Feb 23, 2022 | News
Telecom Italia (TIM) is considering selling its stake in mobile tower group INWIT to French investment fund Ardian as part of its efforts to shore up its finances. La Repubblica reported on Wednesday that the Italian phone group is thinking about a balance sheet...
by Sebastian | Feb 22, 2022 | News
Local TV station giant Tegna is being acquired by a Standard General L.P. affiliate for $24 per share in cash. The deal has an equity value of approximately $5.4bn and an enterprise value of about $8.6 billion when including the assumption of debt. The transaction...
by Sebastian | Feb 22, 2022 | News
Mubadala Investment, the $243bn Abu Dhabi-based sovereign wealth fund, made a $350m equity investment in Princeton Digital Group, a Singapore-based pan-Asia data center operator, according to a news release. PDG’s existing shareholders — New York-based private...
