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Deals

Intertek rejects sweetened £8.3bn EQT bid

Intertek has turned down an improved takeover proposal from European private investment giant EQT AB, stating that the offer significantly undervalues the business and its long-term growth potential, according to a report by Reuters.

Warburg Pincus-backed Princeton Digital Group explores stake sale

Princeton Digital Group, an Asian data centre operator backed by PE firm Warburg Pincus, has appointed Goldman Sachs Group Inc to advise on a strategic review that could include the sale of a minority stake, according to a report by Bloomberg citing unnamed people familiar with the situation.

EQT weighs potential bid for Japan’s Kakaku.com

European private equity giant EQT AB is reportedly exploring a possible acquisition of Japanese internet platform Kakaku.com Inc, underscoring continued private equity interest in Japan’s public markets, according to a report by Bloomberg.

Bain eyes Bridge Data Centres stake sale at $5bn valuation

Bain Capital is preparing to divest at least a 40% stake in Bridge Data Centres (BDC), in a transaction that would value the Asia-focused data infrastructure developer at around $5bn, according to a report by Reuters citing unnamed people familiar with the matter.

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