Catherine Badour
Indonesia’s Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services, Reuters reported.
Canada Pension Plan Investment Board (CPPIB) and Brazil’s Votorantim Group’s energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.
Private equity firm KKR (KKR.N) is in exclusive talks to buy Unilever’s (ULVR.L) margarine and spreads business, sources told Reuters, in a deal expected to top $7 billion.
U.S. buyout firm TPG Capital Management LP won an auction for the Brazilian power transmission assets of Spain’s Abengoa SA, a source told Reuters.
Chinese consumer lending firm Lexinfintech has slashed the size of its U.S. initial public offering by two-thirds to a maximum possible $151.8 million, following a recent crackdown by Beijing on fast-growing online micro-lenders, Reuters reported.
Goldman Sachs Infrastructure Partners, London-listed 3i Infrastructure (3IN.L) and Finnish pensions insurance company Ilmarinen are selling Finnish power grid company Elenia Oy to Allianz Capital Partners (ALVG.DE), Australian infrastructure investor Macquarie (MQG.AX) and the State Pension Fund of Finland, , Reuters reported.
Hong Kong’s Li & Fung Ltd said it would divest its furniture, beauty and sweaters businesses for $1.1 billion to a consortium backed by private equity firm Hony Capital, a deal that is expected to trigger net loss in 2017.
Danske Bank (DANSKE.CO) has decided to buy the Danish pension assets of Sweden’s SEB (SEBa.ST) in a $1 billion deal to create Denmark’s largest commercial pension fund, Reuters reported.
The Rockport Group is exploring its options, including a possible sale, after one of the U.S. footwear maker’s major debtholders took ownership of the company, Reuters reported.
Blackstone Group (BX.N) has hired seasoned dealmaker Atsuhiko Sakamoto from Bain Capital to build a corporate buyout team in Japan in a bid to broaden its focus beyond property deals in the country, sources told Reuters.