The owner of Italian supermarket chain Esselunga, Bernardo Caprotti, has died at the age of 90, sources told Reuters.
Lone Star, Christofferson Robb & Co (CRC) and other specialized investors have presented non-binding offers to buy a platform that will manage part of Monte dei Paschi di Siena’s (BMPS.MI) bad loans, sources told Reuters.
Nutanix Inc said on Thursday it sold a more than expected 14.87 million shares priced at $16, valuing the company at more than $2 billion.
GIC Private Ltd, Singapore’s sovereign wealth fund, said it partnered with Global Student Accommodation UK Ltd to buy a UK student accommodation portfolio from Oaktree Capital Management LP.
France’s Safran has entered into exclusive negotiations with the owner of smartcard maker Oberthur Technologies over the sale of its Morpho business, the aerospace and defense company said on Thursday.
Auto parts maker TI Fluid Systems said it expected to raise about 600 million euros ($673 million) in an initial public offering in London, signalling a return of IPOs that were put on the back burner because of Britain’s vote to leave the European Union.
Extraction Oil & Gas LLC said it expected to raise as much as $600 million in an initial public offering, valuing the Denver-based oil explorer and producer at about $2.6 billion.
BlackRock Inc (BLK.N), the world’s largest asset manager, will offer infrastructure funds for the first time through independent financial advisers, it said on Thursday.
At least four private equity funds including BC Partners are in talks to buy a majority stake in Italy’s fourth-biggest supermarket chain Esselunga in a deal worth up to 6 billion euros ($6.7 billion), sources told Reuters.
Goldman Sachs (GS.N) is investing $70 million in Red Planet Hotels, a pan-Asian budget hotel chain, which will help the company fund its planned expansion to 10 hotels in the next 24 months.
Private equity investor Bridgepoint is stepping up preparations to list France’s second largest independent private hospital group Medipole on the stock exchange by year-end in a deal potentially valuing the company at 1.5 billion euros ($1.7 billion), sources told Reuters.
Carlyle Group LP (CG.O) expects private equity firms and other investors to increasingly buy control of companies in Asia rather than minority stakes, particularly in China where slowing economic growth is likely to convince more owners to sell, Reuters reported.
Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters.
Caesars Entertainment Corp (CZR.O) has struck a deal with most of its operating unit’s creditors, resolving billions of dollars in legal claims and paving the way to end to its subsidiary’s costly bankruptcy, the casino company said on Tuesday.
Private equity investor Permira has emerged as the preferred bidder to buy Bank of East Asia Ltd’s share registry unit Tricor Holdings for between $750 million and $800 million, sources told Reuters, after six months of bidding that attracted the interest of top Chinese insurers among others.
Austrian insurer Uniqa plans to sell its Italian businesses, news agency Apa said on Monday, citing Italian union representatives.
A private equity fund worth 350 billion yuan ($52.5 billion) has been launched in China to help with the restructuring of state firms, a newspaper run by Xinhua news agency reported on Monday.
CBOE Holdings Inc (CBOE.O) said it would buy BATS Global Markets Inc (BATS.Z) for about $3.2 billion, as the largest U.S. options exchange operator looks to diversify its revenue amid muted trading volumes.