Catherine Badour
Canada’s Alberta Investment Management Corporation said on Tuesday it reached an agreement with Brazilian private equity firm IG4 Capital Investimentos SA to inject 400 million reais ($107.26 million) in the Brazilian water and sewage service holding company Iguá Saneamento SA for an undisclosed stake.
Investors owning around 10 percent of John Laing Infrastructure Fund (JLIF.L) think a possible cash buyout offer valuing the company at 1.41 billion pounds ($1.85 billion) is too low, a source told Reuters.
Australian hospital operator Healthscope Ltd (HSO.AX) said it would sell its Asian pathology business to private equity giant TPG Capital Management LP [TPG.UL] to cut debt and bankroll growth plans, months after rejecting two buyout approaches.
Family-owned Erwin Hymer Group has attracted interest from private equity as it explores a stock market flotation which could value the German mobile home manufacturer at up to 3 billion euros ($3.51 billion), sources told Reuters.
Bankers are discussing a potential jumbo financing of up to US$70bn to back oil giant Saudi Aramco’s acquisition of a majority stake in Saudi Arabia Basic Industries Corp (Sabic) 2010.SE.
Chesapeake Energy Corp (CHK.N) plans to sell all of its Ohio natural gas acreage to privately owned Encino Acquisition Partners for about $2 billion, the company said on Thursday.
China's Hillhouse Capital Group is in talks to buy Yum China Holdings Inc (YUMC.N), which operates KFC restaurants in the country, the Information news website reported on Thursday.
Thomson Reuters Corp’s (TRI.TO) Financial and Risk unit, in which U.S. private equity firm Blackstone Group (BX.N) is buying a majority stake, will be renamed Refinitiv once the deal closes, the company said in a statement on Friday.
Chinese biotech Ascletis Pharma Inc (1672.HK) raised $400 million after pricing its IPO in the middle of an indicative range, sources told Reuters, in the first such Hong Kong listing under rules designed to attract early-stage biotech firms.
Private equity investor Terra Firma said on Thursday it had agreed to sell its Italian solar portfolio RTR to infrastructure fund F2i for 1.3 billion euros ($1.5 billion).