by Sebastian | Aug 22, 2021 | News, UKPEC
Nvidia Corp’s planned $40bn acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation. Struck in September last year, the deal for...
by Sebastian | Aug 22, 2021 | News, UKPEC
US private equity giant Blackstone has entered exclusive negotiations to acquire a majority stake in leading asset and wealth management firm ASK Group which is backed by rival private equity firm Advent International. “Post the submission of binding bids by various...
by Sebastian | Aug 22, 2021 | News, UKPEC
Investment-fund billionaire William Ackman, who launched the largest-ever special-purpose acquisition company with an aim of landing a big target to take public, may now return its funds to shareholders in the face of a lawsuit questioning the vehicle’s legality. Mr....
by Sebastian | Aug 22, 2021 | News, UKPEC
Private equity companies are circling British supermarket group Sainsbury’s with a view to possibly launching bids of more than $9.53bn, The Sunday Times reported. American buyout giant Apollo is said to be running the rule over the supermarket group, the...
by Sebastian | Aug 21, 2021 | News
CVC Capital Partners is nearing a deal to sell a minority stake to investment firm Blue Owl Capital in a transaction valuing the European buyout firm at around $15bn, people familiar with the matter said. The private equity firm could reach an agreement on a stake...