Bain Capital is in negotiations to acquire Sizzling Platter, a company that operates several restaurant franchises including Little Caesars and Jersey Mike’s, for over $1bn, including debt, according to a report by Reuters.

Australia’s Insignia Financial has turned down Bain Capital’s AUD$2.67bn ($1.69bn) takeover offer, stating that the bid fails to reflect fair value for its shareholders, and blocking Bain’s Asia expansion, according to a report by Reuters.

CVC Capital Partners is reportedly in talks to acquire Vivendi’s share in Telecom Italia, a step that could open the line to a complete takeover of the Italian telecoms company, according to a report by Reuters, citing sources familiar with the matter.

Global investment firm Carlyle has agreed to sell Forgital, a provider of advanced aerospace and industrial forged products, to US alternative investment firm Stonepeak in a deal that reportedly values the business at more than €1.5bn, including debt.

Blackstone has made a minority investment of up to €250m in global management and AI consulting firm, Sia Partners, using funds from its private equity strategy for individual investors, according to a recent press statement.

Private investment house Ardian has acquired a 22.6% stake in FGP Topco (TopCo), the holding company for Heathrow Airport Holdings, from Ferrovial SE and other TopCo shareholders, according to a recent release.

Alternative investments giant Blackstone has finalised an agreement to acquire Tokyo Garden Terrace Kioicho for $2.6bn (approximately JPY400m) from Seibu Holdings, marking the largest real estate investment by a foreign entity in Japan.