Catherine Badour
Pivotal Software Inc, a division of Dell Technologies Inc, said on Monday it expects its initial public offering of 37 million Class A shares to raise up to $592 million, Reuters reported.
Singapore’s loss-making Ezion Holdings Ltd (EZHL.SI), which operates ships used in the oil and gas industry, said it will raise up to S$50 million ($38 million) by issuing new shares and granting options to a subsidiary of state investor Temasek Holdings [TEM.UL].
Private equity firm Kimmeridge Energy Management Co said on Thursday it had boosted its stake in Carrizo Oil & Gas Inc (CRZO.O) by more than 65 percent and wants the U.S. shale producer to sell assets or combine with a rival to boost its share price.
China’s Ausnutria Dairy Corporation Ltd (1717.HK) said on Friday that CITIC Agri Fund Management Co Ltd would buy a 25.18 percent stake for a total of HK$1.96 billion ($250 million), becoming the dairy products supplier’s biggest shareholder.
Buyout giant Carlyle Group LP (CG.O) will buy Australia’s Accolade Wines from a local private equity firm for A$1 billion ($770 million), triple what the Australians paid seven years ago and underscoring the investment appeal of China’s wine market, Reuters reported.
French buyout group Ardian is planning to sell its 25.5 percent stake in Luxembourg utility Encevo after it was unable to push through expansion plans, sources told Reuters.
Danish telecoms company TDC (TDC.CO) said it had secured enough backing from shareholders to accept a $6.6 billion cash offer from Australia’s Macquarie (MQG.AX) and three Danish pension funds, Reuters reported.
The Chicago Stock Exchange (CHX) said on Thursday it would be bought by NYSE-operator Intercontinental Exchange Inc (ICE.N) for an undisclosed amount, a month-and-a-half after U.S. regulators blocked the sale of CHX to China-based investors.
Blackstone (BX.N) will make a full takeover bid for Hispania (HIS.MC) via investment vehicle Alzette Investment, in a deal valuing the Spanish hotel group at around 1.9 billion euros ($2.3 billion), Alzette said on Thursday.
U.S. resorts owner MGM Growth Properties LLC (MGP.N) said on Thursday it would buy Hard Rock Rocksino Northfield Park, a gaming facility in Northfield, Ohio, for about $1.06 billion from Milstein Entertainment LLC.