KKR GIP and Stonepeak bid $21bn for Deutsche Telekom towers unit

KKR GIP and Stonepeak bid $21bn for Deutsche Telekom towers unit

KKR, Global Infrastructure Partners, and Stonepeak Partners have jointly made a binding offer for a controlling stake in Deutsche Telekom AG’s $21bn towers unit, people familiar with the matter said. They’re competing with a consortium of Canadian investment firm...
Boots sale maybe under threat as buyers struggle to raise capital

Boots sale maybe under threat as buyers struggle to raise capital

The sale of UK chemist chain Boots by Walgreens Boots Alliance could collapse as potential buyers struggle to arrange finance as consumer confidence wanes. A bid from Asda’s owners, the billionaire Issa brothers and private equity giant TDR, may not succeed,...
U.S. energy developer Double Eagle raises $1.7bn for new venture

U.S. energy developer Double Eagle raises $1.7bn for new venture

Double Eagle, a team of prolific oil and gas developers focused on the Permian basin, have raised more than $1.7bn from a group of investors to fund their latest venture, according to a statement to Reuters on Sunday. The sum is one of the largest pools of capital...
Euromoney Gets £1.6bn Private Equity Takeover Approach

Euromoney Gets £1.6bn Private Equity Takeover Approach

Financial news and information business Euromoney Institutional Investor Plc is discussing a $1.91bn takeover approach with a private equity consortium, it said Monday. The £14.61 per share offer from Astorg Asset Management Sarl and Epiris LLP came after four earlier...