Warburg Pincus is in advanced discussions to sell its 10% stake in SBI General Insurance in a deal that would value the the business at over $4.5bn, according to a Bloomberg News report, as the US PE firm seeks an exit from its 2019 investment in the Indian insurer.

The MAGELLIM Group has acquired a majority stake in GO Capital, a specialist in regional impact investment with experience seed capital for technology and venture capital, investing in companies with high growth potential in expanding sectors such as blue economy, medtech, digital, and environmental transition.

Mutares is to acquire inTime Group from Super Group, strengthening the Goods & Services segment as a new platform investment. The deal is expected to close in the third quarter of 2025.

Ares Management has acquired a 20% stake in Eni’s renewable energy and retail arm, Plenitude, for approximately €2bn ($2.3bn), as the Italian energy giant continues to bring in strategic partners to scale its clean energy operations, according to a report by Reuters.

Private equity firm Haveli Investments has agreed to acquire AI-centric database platform Couchbase in a $1.5bn all-cash transaction, as it continues to build exposure to high-growth technology assets, according to a report by Reuters.

Athora Holding, the European savings and retirement services platform backed by Apollo Global Management, is reportedly in advanced discussions to acquire Pension Insurance Corporation (PIC) in a transaction that could value the UK-based insurer at up to £5bn ($6.75bn), according to Sky News.

UK healthcare real estate firm Assura has backed a £1.79bn ($2.4bn) takeover offer from competitor Primary Health Properties (PHP), rejecting a competing bid from private equity giants KKR and Stonepeak Partners, according to a report by Reuters.

Turnspire Capital Partners’s portfolio company USG Water Solutions has completed a successful recapitalisation, with the proceeds being used to repay USG’s prior debt, support investment in the company’s diversified service offerings, and fund a cash distribution to shareholders.