by Sebastian | Sep 20, 2021 | News
Private-equity deal activity involving midsize companies is running at full tilt as cash-flush lenders help buyout firms finance acquisitions, driving leverage to levels not seen since before the financial crisis. High volumes of unspent capital among both...
by Sebastian | Sep 20, 2021 | News
Brooks Automation Inc would sell its semiconductor automation business to private equity firm Thomas H. Lee Partners LP for $3bn in cash, scrapping earlier plans to separate the business from its life sciences unit. Shares of the company were up over 3% in premarket...
by Sebastian | Sep 20, 2021 | News
AusNet Services, an Australian power transmission and distribution company, agreed to let Brookfield Asset Management conduct due diligence after an improved $7bn takeover bid by the Canadian private equity firm. AusNet said in a statement on Monday that Brookfield’s...
by Sebastian | Sep 20, 2021 | News
French cloud computing services firm OVHcloud aims to raise $469m by selling new shares in an initial public offering (IPO) in Paris, it said on Monday. Releasing its IPO registration document, the company said it hoped the flotation would accelerate its growth...
by Sebastian | Sep 19, 2021 | News
U.S. private equity firm Advent International will buy a controlling stake in Indian consumer electronics brand Eureka Forbes for $597m, its parent Shapoorji Pallonji Group said on Sunday. Eureka Forbes, now a fully-owned unit of Forbes & Company Ltd, is best...