Catherine Badour
Newell Brands Inc (NWL.N) is nearing a deal to sell Jostens, a U.S. manufacturer of memorabilia such as class rings and yearbooks, to private equity firm Platinum Equity LLC for around $1.3 billion, sources told Reuters.
Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John’s International Inc (PZZA.O), the world’s third-largest pizza delivery company, Reuters reported.
Private equity firm Apollo Global Management LLC (APO.N) is in advanced negotiations to acquire aluminum products maker Arconic Inc (ARNC.N) for more than $11 billion, sources told Reuters.
Singapore’s Keppel Infrastructure Trust (KEPL.SI) said it has been selected as the preferred bidder for Blackstone Group’s (BX.N) sale of Australian chemical firm Ixom Holdco Pty Ltd.
Dutch bank ING Groep NV (INGA.AS) plans to sell its remaining Italian real estate leasing portfolio to Goldman Sachs (GS.N) as it continues to cut leasing activities outside its home markets, a document reviewed by Reuters showed.
Zoom Video Communications Inc, a conferencing company started by an early engineer at collaboration software maker Webex, is preparing for an initial public offering (IPO), sources told Reuters.
Australian adult education provider Navitas Ltd on Monday rebuffed a A$1.97 billion ($1.4 billion) approach from its founder and a private equity firm, leaving some investors concerned the tactic may not generate a better deal, Reuters reported.
Private equity firm EQT on Monday made a recommended 5.97 billion Swedish crown ($654 million) cash bid to buy Swedish specialty pharma group Karo Pharma, Reuters reported.
Russian sovereign wealth fund RDIF said on Thursday that its Saudi counterpart would become a new partner in the joint Russia-China Investment Fund.
French prepaid meal voucher and card provider company Edenred said on Friday it doesn’t intend to buy up a stake in French payments group Ingenico, Reuters reported.