Blackstone acquires Nordea’s remaining shareholding in Luminor

Blackstone acquires Nordea’s remaining shareholding in Luminor

With the purchase of 11.6% of Luminor Holding from Nordea, a consortium led by private equity funds managed by Blackstone now owns 80 percent of Luminor Holding, the parent company of Luminor Bank, the bank announced Thursday. Nils Melngailis, chair of the supervisory...
Hollysys management to lead take-private deal at $1.8bn valuation

Hollysys management to lead take-private deal at $1.8bn valuation

A consortium led by China’s Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8bn, people with knowledge of the matter said. The management team, led by...
Semiconductors ripe for private equity after CHIPS Act

Semiconductors ripe for private equity after CHIPS Act

A U.S. effort to bolster domestic semiconductor manufacturing is likely to spur more private equity investment in the capital-intensive industry and the businesses that support it, industry sources told S&P Global Market Intelligence. The CHIPS Act signed into law...
Nielsen Shareholders Approve $16bn Sale to Private Equity

Nielsen Shareholders Approve $16bn Sale to Private Equity

Nielsen Holdings said that shareholders have voted to approve a $16bn transaction in which the measurement company would be acquired by a private equity group led by Elliott Investment Management and Brookfield Business Partners. The transaction calls for Nielsen...