Allianz to acquire full ownership of China life insurance venture
SHANGHAI (Reuters) – Allianz will acquire full ownership of its China life insurance business after agreeing to buy the 49% stake it doesn’t already own in its Chinese joint venture, the German insurance giant said on Friday. Allianz, through a holding company in China, will acquire the minority stake in Allianz China Life Insurance Co […]
Chevron offers to buy out pipeline operator Noble Midstream
(Reuters) – Chevron Corp said on Friday it offered to buy shares in Noble Midstream Partners LP that it does not already own, in a deal valuing the company at $1.13 billion, months after the U.S. oil major bought the pipeline operator’s sponsor, Noble Energy. Chevron, the second-largest U.S. oil producer, in October closed a […]
Bot MD raises USD5M in Series A round led by Monk’s Hill Ventures
Bot MD, an AI healthcare company based in Singapore, has closed a Series A round of USD5 million led by Monk’s Hill Ventures. Existing and new investors include SeaX, XA Network and SGInnovate, healthcare industry veterans Yoh-Chie Lu and Jean-Luc Butel, and Silicon Valley notable Steve Blank. Following accelerated demand from large hospital and healthcare […]
Cosworth acquires Delta
Global technology business Cosworth is to acquire Delta, a Silverstone-based developer of battery and vehicle dynamics control systems. Cosworth’s focus on delivering propulsion, electronics and software solutions for the automotive, aerospace and marine sectors will be bolstered by the acquisition of Delta, whose specialities in the development of battery systems, in particular, align with Cosworth’s […]
Activa Capital-backed Alliance Etiquettes acquires Etiq’Etains
Alliance Etiquettes, a French specialist in label printing for the wine and spirits industry, has acquired Etiq’Etains, a specialist in the pewter label printing market in France. Created in 1998 and based in Nontron (Southwestern France), Etiq’Etains addresses a diversified clientele in the wine & spirits, food and cosmetics label markets. Alliance Etiquettes thus completes […]
ThinCats manages acquisition capex for Dundee based investment manager
Thorntons Investment Management Limited has been provided with funding to support the acquisitions of Matheson Financial Consulting Limited and Sonas Wealth Management Limited by leading alternative finance provider for mid-sized SMEs, ThinCats. Thorntons Investment Management is an Independent Financial Advisor providing a range of wealth and asset management services to high net worth individuals and […]
Ignite Growth acquires Newcastle Tool & Gauge Ltd
Ignite Growth (Ignite), a UK-based investor focused on supporting the growth of ambitious, fast growing companies, has acquired Newcastle Tool & Gauge Ltd (NTG), as the first stage in a buy and build growth strategy. Financial terms of the transaction, which is Ignite’s second buy and build platform investment, have not been disclosed. Founded in […]
Suning & BC Partners Remain €250 Million Apart On Valuations For Inter, Report Reveals
Inter’s prospective investors BC Partners are still €250 million shy of Suning’s asking price for the club, a report from an international news agency explained today. Reuters confirmed that Suning are looking for new interest in Inter after their exclusive talks with the British-based private equity firm ended without a deal.BC Partners intend nonetheless to […]
Ogier advises on private equity firm’s GBP1.1bn acquisition of Priory Group
Ogier has assisted Bristows, representing Waterland Private Equity Investments, in its GBP1.1 billion acquisition of the Priory Group from Acadia Healthcare Company. The deal is the latest in Ogier’s work with significant private equity clients in relation to their acquisition structures. Waterland, one of the best performing private equity firms globally, said it would combine […]
Funds advised by Permira Debt Managers support The Carlyle Group’s Jagex investment
Funds advised by Permira Debt Managers (PDM), a specialist debt investor, are acting as senior secured lender to the new investment by The Carlyle Group in Jagex, an independent video game developer in the UK. The support continues PDM’s focus on high quality growing businesses, particularly in the tech sector. Headquartered in Cambridge, UK, and […]
