According to a senior executive from General Atlantic, a global private equity firm, the company plans on investing $2 billion in India and Southeast Asia over the next two years. The development comes in the wake of falling valuations, which… Read More ›
private equity
Buyout firm Thoma Bravo LP expresses interest to acquire Twitter
According to sources familiar with the matter at hand, Thoma Bravo LP, a buyout firm, has approached Twitter Inc to express its interest in forming a team to acquire it. The development comes in the wake of Elon Musk making a… Read More ›
Bain Capital weighs taking stake in French food caterer Sodexo
Bain Capital is looking to take a stake in French food caterer Sodexo after the Paris-listed firm said it was on the lookout for investors that could help fund the group’s turnaround, said sources. Sodexo, which has a market value of… Read More ›
Kohl’s Corp e-commerce business worth $12.4 billion: Engine Capital LP
According to a report from the Wall Street Journal, U.S.-based activist investor Engine Capital LP is pushing Kohl’s Corp to divest its e-commerce business. The hedge fund, which has close to 1% stake in Kohl’s, wants the department store chain to… Read More ›
Clearlake Capital acquires Quest Software Inc from Francisco Partners in $5.4 billion deal
According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›
Advent International led consortium to take McAfee Corp private in $14 billion deal
In a statement McAfee Corp said, a consortium led by U.S. private equity firm Advent International has decided to take it private in a $14 billion deal. The development comes at a time when the coronavirus-induced COVID-19 pandemic had led to… Read More ›
Apollo Global Management’s affiliates acquire Thermal and Emission Control Materials from Mitsubishi Chemical Corporation for undisclosed amount
In a statement, Apollo Global Management, a U.S. private equity firm said, funds managed by its affiliates have entered a deal to acquire Thermal and Emission Control Materials business from Japan’s advanced materials producer Mitsubishi Chemical Corporation. The deal, which… Read More ›
Private equity firm Carlyle Group exploring $6 billion sale or IPO for its packaging unit
According to a report from Bloomberg citing sources familiar with the matter at hand, Carlyle Group Inc is weighing options which includes either an initial public offering (IPO) for its packaging unit Novolex Holdings or a $6 billion sale. Carlyle Group… Read More ›
KKR acquires New Zealand’s largest bus company Ritchies Transport
In a statement U.S. private equity firm KKR & Co Inc said, it will acquire New Zealand’s largest bus company, Ritchies Transport, marking its first infrastructure investment in the country. Both companies did not disclose the value of the deal; KKR… Read More ›
Private equity firm Bridgepoint plans London listing
In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›