Catherine Badour
U.S. information technology services provider ConvergeOne Holdings Inc is exploring a sale after it attracted takeover interest from private equity firms, Reuters reported.
Private equity firm KKR & Co LP reported its second-highest distributable earnings in its history on Thursday, as its third-quarter earnings were buoyed by the sale of the divestment of its stake in payments processor First Data Corp and the sale of Finish healthcare company Mehilainen, Reuters reported.
Talks between BlackRock (BLK.N) and Intesa Sanpaolo (ISP.MI) over an asset management tie-up have slowed due to political uncertainty, but the deal is not yet off, sources told Reuters.
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it raised $1.25 billion from six global investors including SoftBank Group Corp, Warburg Pincus LLC and Temasek Holdings (Private) Ltd.
Cloudflare Inc, a U.S. startup whose software makes websites load faster and with greater security, is preparing for an initial public offering (IPO) that could value it at more than $3.5 billion, sources told Reuters.
Innovent Biologics Inc has priced its Hong Kong initial public offering (IPO) near the top of its marketing range to raise $421 million, sources told Reuters, indicating renewed enthusiasm in a sector blighted by falling stocks.
An Australian consortium has kicked off the initial public offering of online property settlements company Property Exchange Australia (PEXA) [IPO-PRO.AX], seeking to raise up to A$862 million ($610 million), float managers said on Tuesday.
Dealmaking by private equity firms in Asia has surged this year, data showed, underscoring their rising presence in the region’s otherwise stolid, tycoon-dominated M&A scene, backed by an unmatched warchest, Reuters reported.
Aluminum products maker Arconic Inc’s (ARNC.N) board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC (APO.N), Reuters reported.
The Canada Pension Plan Investment Board is looking to buy part of a stake in Gatwick airport that could be worth more than 3 billion pounds ($3.92 billion), Sky News reported on Friday.