Catherine Badour
Mobile phone infrastructure company China Tower is planning to raise up to about US$8.8bn from a Hong Kong IPO at a valuation of up to US$35bn, sources told Reuters.
Dyal Capital Partners, a subsidiary of asset manager Neuberger Berman Holdings that acquires stakes in private equity firms, is in advanced talks to buy a minority stake in credit investment firm Golub Capital, sources told Reuters.
John Laing Infrastructure Fund (JLIF.L) said on Monday it was in talks with a consortium of funds about a possible cash buyout offer that could value the company at 1.41 billion pounds ($1.9 billion).
Liver cancer treatment maker Sirtex Medical (SRX.AX) said on Monday that the U.S. Federal Trade Commission cleared its $1.4 billion buyout by a Chinese consortium, clearing a major hurdle for the deal to go through.
Germany’s Linde (LING.DE) said on Monday it would fetch $3.3 billion from selling assets to a consortium of German gases firm Messer and buyout group CVC in a deal to secure antitrust clearance for its planned $87 billion merger with U.S. group Praxair (PX.N).
France’s La Poste is planning to buy the stake in insurer CNP Assurances (CNPP.PA) held by state-owned investment fund Caisse des Depots though the details of the deal are not yet finalized, a source close to the mail company told Reuters on Thursday.
Buyout firm Apollo Global Management LLC (APO.N) has approached Nexstar Media Group Inc (NXST.O), an operator of television stations that reach nearly 40 percent of U.S. households, to express interest in acquiring it, sources told Reuters.
Germany’s Linde (LING.DE) and its merger partner Praxair (PX.N) are in advanced talks to sell assets to a consortium of German gases firm Messer Group GmbH and funds advised by CVC [CVC.UL], Linde said on Thursday.
U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm undervalued, a source told Reuters, driving SoftBank shares up as much as 6.8 percent.
The initial public offering (IPO) of Blackstone-backed (BX.N), Middle East-focused education company GEMS has been shelved, sources told Reuters.