British theatre operator ATG Entertainment is being lined up for a possible sale by its private equity owner Providence Equity Partners at a potential valuation in excess of £4bn ($5.38bn), according to a report by Reuters citing unnamed people familiar with the situation.

US utility group NextEra Energy has agreed to acquire oil and gas investment firm Caliber Resource Partners in a deal valued at around $1.3bn, while also forming a separate joint venture with Caliber’s private equity owner Quantum Capital Group, according to a report by Reuters.

Private equity firms KKR and Energy Capital Partners are considering raising their offer for Irish energy distributor DCC after the company rejected an earlier takeover proposal, according to a Bloomberg News report citing unnamed people familiar with the matter.

Blackstone Inc has entered into a strategic joint venture with Google Cloud to develop a new US-based AI infrastructure company focused on delivering compute-as-a-service powered by Tensor Processing Units (TPUs).

Blackstone Inc has stepped away from a potential takeover effort for German advertising group Stroeer SE & Co KGaA at a valuation of around €2.5bn, according to a report by Bloomberg citing unnamed people familiar with the matter.

Private equity firm Hg has transferred around €500m of assets from its €19bn software platform Visma into a newly created Luxembourg-based vehicle, as longer-term listing plans for the business remain on hold, according to a report by Bloomberg.

Shares in Advanced Medical Solutions fell sharply on Monday after private equity firm TA Associates confirmed it would not proceed with a potential bid for the UK wound-care specialist, according to a report by Reuters.

A consortium led by Morgan Stanley has agreed to sell its interest in Chicago’s parking meter lease to infrastructure investor Stonepeak, according to a sa report by Bloomberg citing a statement from the office of Chicago Mayor Brandon Johnson.