Edition:
India

Greg Roumeliotis

BC Partners seeks 700 million euros for first European real estate fund - sources

17 Oct 2019

Private equity firm BC Partners is seeking to raise about 700 million euros (603 million pounds) for its first European real estate fund, people familiar with the matter said on Thursday.

BC Partners seeks 700 million euros for first European real estate fund -sources

17 Oct 2019

Oct 17 Private equity firm BC Partners is seeking to raise about 700 million euros ($775 million) for its first European real estate fund, people familiar with the matter said on Thursday.

Exclusive: WeWork owner creates committee to decide on financing lifeline

17 Oct 2019

NEW YORK WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.

Exclusive: Buyout firm Apollo Global in $5 billion bid for Tech Data - sources

16 Oct 2019

Private equity firm Apollo Global Management LLC has approached Tech Data Corp with an offer to acquire the U.S. information technology equipment distributor for close to $5 billion, people familiar with the matter said on Tuesday.

Buyout firm Abry Partners selling insurance broker Hilb Group: sources

16 Oct 2019

NEW YORK Private equity house Abry Partners is working with an investment bank to sell its majority stake in Hilb Group, in a deal that is expected to value the insurance broker at more than $1 billion including debt, sources familiar with the matter said on Tuesday.

Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources

12 Oct 2019

U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion (2.4 billion pounds), the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday.

Exclusive: Cedar Fair rebuffs $4 billion offer from Six Flags - sources

04 Oct 2019

U.S. amusement park operator Cedar Fair LP has rejected a $4 billion cash-and-stock offer from larger peer Six Flags Entertainment Corp as inadequate, people familiar with the matter said on Friday.

Exclusive: Six Flags in bid to merge with Cedar Fair - sources

02 Oct 2019

Six Flags Entertainment Corp has approached Cedar Fair LP with a merger offer, pursuing a combination that would unite two of the largest U.S. amusement park operators, people familiar with the matter said on Wednesday.

Global third-quarter M&A sinks to three-year low amid U.S.-China trade war fears

30 Sep 2019

LONDON/NEW YORK Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the lowest quarterly volume since 2016, as growing economic uncertainty curbed the risk appetite of companies considering deals.

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson - sources

28 Sep 2019

Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential split-up of the U.S. industrial conglomerate, people familiar with the matter said on Friday.

World News

White House acknowledges strings attached in Trump withholding Ukraine aid

President Donald Trump's withholding of $391 million in military aid to Ukraine was linked to his request that the Ukrainians look into a claim - debunked as a conspiracy theory - about the 2016 U.S. election, a senior presidential aide said on Thursday, the first time the White House acknowledged such a connection.