Private equity firm Leonard Green has agreed to acquire a 60% stake in Topgolf Callaway Brands’ Topgolf unit in a deal that values the golf entertainment business at $1.1bn, according to a report by Bloomberg citing company statements.

Europe’s largest asset manager Amundi has agreed to acquire a 9.9% stake in London-listed alternative asset manager Intermediate Capital Group (ICG), in a move designed to accelerate its private markets strategy under the firm’s 2025-28 “Invest for the Future” plan, according to a report by Reuters.

US investment firm RedBird Capital Partners has withdrawn its proposal to acquire the Telegraph Media Group, which publishes the Daily Telegraph and Sunday Telegraph, in a £500m ($658m) transaction, citing prolonged regulatory delays and internal opposition from staff, according to a report by Bloomberg.

US buyout firm Thoma Bravo has made a takeover offer for Clearwater Analytics, the Boise-based investment software company, which would see the firm taken private, according to a report by Reuters citing people familiar with the matter.

Topgolf Callaway Brands is in discussions to sell its entertainment-driven driving-range unit Topgolf to private equity firm Leonard Green & Partners in a transaction that could value the business at around $1bn, according to a report by Reuters citing people familiar with the matter.

Indonesian company Chandra Asri Pacific has secured a bespoke financing package worth $750m from KKR & Co to support its acquisition of nearly 60 of Exxon Mobil’s Esso-branded fuel stations in Singapore, along with associated supply agreements, according to a report by Reuters.

Private Equity firm Clayton, Dubilier & Rice (CD&R) has agreed to acquire Sealed Air, the US packaging group best known for inventing bubble wrap, for $10.3bn including debt, according to a report by Bloomberg citing people familiar with the matter.