UK broadband provider TalkTalk Telecom Group has agreed a £100m ($134m) funding deal with its existing backer Ares Management, marking a fresh capital boost less than a year after completing a significant financial restructuring, according to a report by Bloomberg.

Nordic Capital and Permira’s planned take-private of Danish vaccine specialist Bavarian Nordic A/S has hit a significant hurdle as the company’s largest shareholder pushes back against the consortium’s NOK19bn ($3bn) cash bid, casting uncertainty over the deal’s completion, according to a report by Bloomberg.

Danish vaccine maker Bavarian Nordic has confirmed it is in discussions with private equity firms Nordic Capital and Permira regarding a potential takeover offer, according to a report by Reuters.

Private equity firm GTCR is in advanced discussions to acquire prepaid card provider Blackhawk Network in a deal that could value the business at between $4bn and $5bn, including debt, according to a report by Bloomberg.

Blackstone President Jon Gray expects the largest alternative asset managers to lead the charge once US 401(k) plans are allowed to include private markets, crypto, and other alternatives alongside traditional stocks and bonds, according to a report by Bloomberg.

Private equity deal activity stabilised in Q2 2025, after suffering a drop off in the previous quarter, with UK PE buyouts rising 3% from 317 in Q1 2025 to 327 in Q2 2025, according to an analysis of PitchBook data by audit, tax and consulting firm RSM UK.