Catherine Badour
Private equity firm Bain Capital has agreed to buy esure (ESUR.L) for 1.21 billion pounds ($1.55 billion), in a deal that gives investors in the British insurer a 37 percent premium on the share price at the end of last week, Reuters reported.
Tesla Inc (TSLA.O) Chief Executive Elon Musk tweeted on Monday that he was working with buyout firm Silver Lake and investment bank Goldman Sachs Group Inc (GS.N) as financial advisers on his plan to take the U.S. electric car maker private, Reuters reported.
Spanish travel technology firm Amadeus IT Group (AMA.MC) has agreed to buy U.S.-based TravelClick for $1.52 billion from private equity firm Thoma Bravo, Amadeus said on Friday.
(Reuters) - Australia’s Capilano Honey Ltd (CZZ.AX) said on Monday a consortium of China-focused Wattle Hill RHC Fund and Roc Partners agreed to buy the company for A$189.8 million ($138 million).
Investment firm KKR & Co (KKR.N) plans to list a bulk of its operations in India on the local stock exchange, the Financial Times reported on Monday, citing four people involved in the matter.
Britain’s esure (ESUR.L) is in advanced talks over a possible 1.17 billion pound ($1.49 billion) bid from Bain Capital Private Equity, the insurance company said on Monday, sending its shares more than 30 percent higher, Reuters reported.
Private equity firm KKR & Co (KKR.N) said it will acquire a 60 percent stake in India’s Ramky Enviro Engineers Ltd (REEL) for $530 million, adding it was one of India’s largest buyouts, Reuters reported.
Health insurer UnitedHealth Group Inc has at least a tentative agreement to buy specialty pharmacy operator Genoa Health from private equity firm Advent International, news website Axios reported, citing a source familiar with the deal.
Starwood Property Trust Inc (STWD.N) said on Wednesday it would buy the debt business and loan portfolio of GE Capital’s energy finance unit for $2.56 billion, as it diversifies from commercial real estate.
Beijing Bytedance Technology Co, owner of China’s leading news aggregator Jinri Toutiao, aims to raise about $3 billion in its latest funding round that would see its valuation soar to as high as $75 billion, sources told Reuters.