India retail king Biyani sees quick OK of Future’s $3.4 billion deal despite Amazon dispute
India’s Future Group expects swift regulatory approval of its $3.4 billion deal to sell its retail assets, its chief executive said, even as its warring business partner Amazon.com Inc intensifies efforts to block the deal. Future and Amazon are at loggerheads over the Indian group’s August deal with Reliance Industries Ltd. The U.S. giant alleges […]
Baring Private Equity Asia backed TELUS International files for IPO on NYSE and TSX
TELUS International (Cda) Inc. has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) and will file a preliminary base PREP prospectus with Canadian securities regulators for a proposed initial public offering (IPO). The proposed IPO is expected to consist of subordinate voting shares offered by TELUS International from […]
Spectrum, CVC in Advanced Talks on $2 Billion Conair Deal
Companies seek to finalize agreement in coming weeks. Transaction would add to string of home-appliance acquisitions. Spectrum Brands Holdings Inc. and private equity firm CVC Capital Partners are in advanced talks to acquire hair-dryer maker Conair Corp., according to people with knowledge of the matter. The deal could value Stamford, Connecticut-based Conair at about $2 […]
Carlyle, Hikaru Shimura to Acquire 100% Stake in Japan’s X-ray Technology Company Rigaku
Carlyle, with USD 230bn in total AUM, plans to expand the reach of the X-ray technology company at the global level and prepare it for an IPO. The Carlyle Group Inc, a Washington-based global investment firm, along with Hikaru Shimura, President and CEO of Rigaku Corp, a Tokyo-based specialized in X-ray related technologies company, agreed […]
Platinum Equity Lines Up $3 Billion Debt for Ingram Micro Deal
Financing includes $1.5 billion loan, junk bond of same size. Debt offering expected to be among the biggest in pipeline. Platinum Equity will finance its leveraged buyout of Ingram Micro Inc. with about $3 billion of debt that will be sold to investors, according to people with knowledge of the matter. The U.S. private equity […]
EQT fund joins race for steering wheel of £2.5bn FirstGroup’s US wing
EQT Infrastructure and KKR are among the remaining bidders for First Student and First Transit, Sky News understands. An infrastructure fund run by one of Scandinavia’s most powerful private equity firms has joined the race for the £2.5bn US operations of FirstGroup, the London-listed transport operator. Sky News has learnt that EQT Infrastructure tabled an […]
Apollo Is in Advanced Talks to Buy Orbia’s Vinyl Unit
Transaction would value chemical maker at $2 billion or more. Buyout firm deal could be announced as soon as this month. Apollo Global Management Inc. is nearing a deal to buy the vinyl business of Orbia Advance Corporation SAB de CV, the conglomerate formerly known as Mexichem, according to people with knowledge of the matter. […]
Oxley gets $106.4m investment from Hong Kong private equity firm
Property developer Oxley holdings has received a $106.4 million investment through a convertible note issuance to funds managed by Dignari Capital Partners (DCP), a private equity firm based in Hong Kong. The convertible notes, with an aggregate principal amount of up to US$80 million, will bear a coupon interest of 4.5 per cent per annum […]
The Riverside Company invests in UniFocus
The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in UniFocus, a SaaS-based labour management solution for service industry providers. UniFocus delivers a complex rules-based workforce management software suite designed to address the specific needs of scheduling, managing and optimising labor for hotels, restaurants and […]
Core Industrial Partners portfolio co Incodema acquires Mark Two Engineering
Chicago-based private equity firm CORE Industrial Partners’ (CORE) portfolio company Incodema Holdings (Incodema) has acquired Mark Two Engineering, a medical device contract manufacturing provider. Mark Two is the third acquisition to the Incodema platform to close in the past month, joining recently acquired Dahlquist Machine and Majestic Metals to form a leading nationwide precision manufacturing […]
