Bluewater, a specialist energy private equity firm, has today signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in the prolific Egyptian upstream market.

India’s private equity and venture capital sectors are positioning themselves for a surge in dealmaking activity as subdued stock market conditions push businesses away from IPOs and towards private funding, according to a report by Reuters.

Facts Global Energy, a provider of market intelligence, data, research, and analysis for the energy market, has merged with energy and chemicals research and advisory business NexantECA, following an investment from TA Associates.

Island Technology, a cybersecurity and enterprise software startup, has secured funding at a $4.5bn valuation in a round led by investment firm Coatue Management, according to a report by Bloomberg citing unnamed sources familiar with the matter.

Northpointe Bancshares, backed by private equity firm Castle Creek Capital, is aiming for a valuation of up to $594.8m in its upcoming initial public offering on the New York Stock Exchange in what will be the first UB bank IPO of the year, according to a report by Reuters.

US private equity firm Bain Capital said on Monday that it is weighing up the possibility of withdrawing its tender offer proposal for Japanese IT company Fuji Soft following an improved offer from rival suitor KKR, according to a report by Reuters.

Hong Kong-based real estate private equity firm Gaw Capital, in partnership with Singapore’s Patience Capital Group, has purchased the Tokyu Plaza Ginza, a landmark mall in central Tokyo, in a deal valued at over $1bn.

Private equity giant CVC Capital Partners has emerged as a key player in the ongoing investment interest in Telecom Italia, joining a growing list of suitors evaluating the former Italian phone monopoly, according to a report by Reuters.