GLOBE Telecom has entered exclusive talks with bidders for its telecommunication tower portfolio in a deal that could be worth as much as $1.5bn, according to people with knowledge of the matter. The Filipino telecom giant is considering selling about 6,000 towers in...
AGL Australia is revealing its former suitor Brookfield Asset Management had popped up with a 2.56% stake in the company. AGL said 123456789 4 Pty Ltd, a subsidiary of Brookfield Asset Management, was sitting on 17.2 million shares as at June 24. “AGL become aware of...
Private equity is ushering in a new era of leadership. Firms that are often concerned with running smooth succession plans inside their portfolio companies have been busy lately planning for the departures of their own founders. In the last year, some of the biggest...
Two-wheeler automobile company TVS Motor is reportedly in talks with TPG Capital and KKR & Co to raise at least $300m for its electric vehicle (EV) business. Moneycontrol was the first to report that the company had plans to seek investments for its EV segment,...
Private equity firm Endless has raised £100m for its third Enact fund to invest in UK SMEs. Enact seeks to invest in businesses that face challenging situations and that do not meet the investment criteria of traditional private equity or bank funding. It aims to... 