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.

The Carlyle Group is investigating the potential purchase of international assets owned by Lukoil, the Russian oil major, according to a report by Reuters.

An affiliate of Turnspire Capital Partners LLC (Turnspire) has acquired LifeLine Foods LLC and ICM Biofuels LLC. The operations will be combined under The LifeLine Group (LifeLine), with the food business continuing to operate as LifeLine Foods, and the biofuels business being rebranded as LifeLine Biofuels. Turnspire’s partner in the

A US judge has sided with private equity firm GTCR in clearing its acquisition of medical device coatings maker Surmodics, rejecting the Federal Trade Commission’s effort to block the deal, according to a report by Reuters.