EQT AB, Omers Administration, and Phoenix Tower International are among the frontrunners preparing final bids for Cellnex Telecom SA’s majority stake in its Swiss operations, with the deal expected to command a price in the region of €2bn ($2.3bn), according to a report by Bloomberg.

Specialist insurer CFC, backed by private equity giants EQT and Vitruvian Partners, is reportedly considering a UK initial public offering that could value the business north of £5bn ($6.7bn), according to a report by Reuters.

KKR, the US private equity powerhouse actively pursuing acquisition targets amid ongoing market volatility, is weighing a potential buyout of Italian health-care technology company GPI SpA, according to a report by Bloomberg.

Keensight Capital, a private equity manager focused on pan-European Growth Buyout investments, has signed an exclusivity agreement to acquire a majority stake in Dimo Maint, a European leader in CMMS (Computerised Maintenance Management System) solutions.

Froneri International, the UK-based ice cream manufacturer behind brands like Häagen-Dazs, has priced a €3.9bn debt package to finance one of the year’s largest shareholder distributions, enabling its private equity co-owner PAI Partners to extend its hold on the business.

Atletico Madrid, which has been controlled by the same family for nearly four decades, is in discussions with private equity investment firm Apollo Global Management over a potential €2.5bn capital raise, according to a report by Football España.