Leveraged Buyouts
Intel Partners with Apollo Global, Selling Stake in Irish Plant for $11 Billion
Intel Corp. and Apollo Global Management announced a joint venture to invest $11 billion in a chip-manufacturing facility in Ireland, with Apollo acquiring a 49% stake from Intel, aiming to close the deal in the second quarter.
UK's Royal Mail Owner Nods to $4.4 Billion Takeover Bid From Czech Billionaire
Czech billionaire Daniel Křetínský's £3.5 billion bid for Royal Mail gains momentum, sparking political tensions over foreign ownership concerns.
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
Macy's Receives $5.8 Billion Buyout Offer: Report
Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.
Latest News
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Nasdaq will acquire International Securities Exchange (ISE) for $1.1 billion from Germany's Deutsche Börse. The acquisition transaction is expected to close by end of 2016 year.
Northern Trust subsidiary 50 South Capital Advisors is going to acquire Aurora Investment Management, a Natixis Global Asset Management subsidiary. Both the parties are maintaining silence on terms of the deals which is expected to close by the end of September. Most of the Aurora Investment professionals will continue their service.
The bigger companies are getting global through acquiring operations in the regional markets, which has become a trend in the multi-billion dollar market. Following the trend, Hong Kong based firm Mobvista has announced on Monday acquiring NativeX for $24.5 million. Through the deal, NativeX has been expected to contribute for achieving Mobvista’s international goals and successes.
Buyout firms KKR & Co LP (KKR.N) and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc (PETM.O) private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.
Neustar Inc, a company which helps North American telecommunication carriers route calls and text messages, is considering a potential sale amid interest from private equity firms, according to people familiar with the matter.
AdsNative has raised USD2 million in seed funding to be used for its technology expansion, reported TechCrunch.
Varun Beverages planned to invest USD300 million for a business expansion in South Asia and Africa, reported Ventures Africa.