Orange sells 1.3 billion euros worth of fixed fibre assets in France
Orange, France’s leading telecoms operator, said late on Friday that it agreed to sell part of its fixed fibre assets in the country to a consortium of three investors for about 1.3 billion euros ($1.58 billion). It is the first time that the Paris-based company, which is also carving out its mobile towers in most […]
Shell to acquire UK’s largest electric vehicle charging network
Royal Dutch Shell said on Monday it was acquiring the owner of the UK’s largest public electric vehicle charging network, ubitricity, for an undisclosed amount. The deal for the company that has over 2,700 on-street charge points in the country is expected to be completed late this year. Electric vehicle sales are set to continue […]
LLCP’s Caring Brands International acquires Interim Healthcare
Caring Brands International (CBI), a portfolio company of Levine Leichtman Capital Partners (LLCP), has completed the acquisition of its Interim HealthCare home health and hospice franchises in San Diego. The addition of the San Diego Franchise expands CBI’s branch footprint and marks the first acquisition within the Interim HealthCare network domestically. Founded in 1966, CBI […]
Swander Pace Capital completes sale of Clarion Brands to Bridges Consumer Healthcare
Swander Pace Capital (SPC) has completed the sale of Clarion Brands, a consumer products company specialising in over-the-counter (OTC) healthcare solutions and dietary supplements, to Bridges Consumer Healthcare LLC, a consumer healthcare company partnering with Charlesbank Capital Partners. Clarion markets a portfolio of leading niche OTC and dietary supplements brands that are sold to food, […]
GlobalWafers raises takeover bid for Siltronic to $5.1 billion
Taiwan’s Globalwafers raised its takeover offer for Germany’s Siltronic by 450 million euros ($547 million) on Friday as it tries to win over shareholders in its bid to create a leading player in the global wafer industry. The planned merger to create the world’s second-largest player in the 300-millimeter wafers market, behind Japan’s Shin-Etsu, had […]
Britain’s IG to buy tastytrade for $1 billion in U.S. foray
Britain’s IG said it plans to buy U.S. trading platform tastytrade for $1 billion, venturing into North America after a stellar year for the new breed of retail investment brokerages. Coronavirus-driven volatility has fuelled a surge in revenue and profit for IG and British rivals including CMC Markets and Plus500, while Robinhood.com and its app-based […]
Hurst Point Group buys Hawksmoor in surprise move
Hurst Point Group, a subsidiary of US private equity giant Carlyle Group, has bought Hawksmoor Investment Management in a surprise move. Hawksmoor had initially put a quarter of its business up for sale in March 2019 to provide retiring staff means to sell their shares. but after negotiations, the deal morphed into a complete acquisition. […]
Pamlico Capital invests in Protera Technologies
Pamlico Capital (Pamlico) has made a growth investment in Protera Technologies (Protera), a provider of public cloud-centric application management and migration services for SAP software, as well as other enterprise IT outsourcing services. CEO Dean Adamopoulos, CTO Patrick Osterhaus, and the management team will maintain significant ownership in Protera and continue to manage the growth […]
Italy’s Angelini to buy Swiss biotech group for $1bn
Pharma company to get exclusive licence to commercialise epilepsy drug across EU, UK and Switzerland Italy’s Angelini Pharma has agreed to buy emerging Swiss biotech company Arvelle Therapeutics for up to $960m as it aims to become a leading European player in the treatment of central nervous system and mental diseases. Angelini will pay private-equity […]
