Deals
TOP STORY: Global PE firms including General Atlantic and KKR continue to see strong momentum in fundraising and investment activity across the Middle East, flagging the Iran conflict has not materially disrupted long-term capital deployment strategies in the region, according to a report by Bloomberg.
SoftBank-backed LY Corp and Bain Capital have increased their offer for Japanese price comparison operator Kakaku.com, valuing the company at more than $4bn and moving ahead of a competing take-private proposal from EQT, according to a report by Reuters.
Private equity investment in India has slowed sharply as global buyout firms grow more cautious amid elevated asset valuations, weakening macroeconomic signals, and geopolitical uncertainty affecting energy markets, according to a report by the FT.
Financing packages arranged for companies backed by Australia’s Pacific Equity Partners (PEP) have been repriced higher, with banks increasing margins and adjusting maturities as investor appetite for leveraged debt shifts, according to a report by Bloomberg.
Emergency medical services provider GMR Solutions, which is backed by private equity major KKR, has reduced the valuation target for its planned US initial public offering to approximately $3.3bn, underscoring continued investor caution with new equity listings, according to a report by Reuters.
Argosy Private Equity has completed its exit from InTech Aerospace, marking a realisation of its investment in the US-based aircraft maintenance, repair and overhaul (MRO) specialist focused on interior refurbishment services.
Apollo-managed funds have acquired a majority interest in Noble Environmental, a vertically integrated US waste management company, as the alternative asset manager continues to deploy capital into essential services and infrastructure-linked businesses.
TOP STORY: Intertek Group Plc is preparing to support a £9.4bn ($12.7bn) acquisition proposal from Swedish private equity firm EQT AB, following a series of previously rejected bids, according to a report by Bloomberg citing a statement from the UK-listed company.
Private equity group Carlyle and Yum China are among several bidders competing to acquire Jardine Matheson’s restaurant business across parts of Asia, in a deal that could value the assets at around $400m, according to a report by Reuters, citing unnamed people familiar with the process.
EQT is partnering with the Qatar Investment Authority and Porsche Automobil Holding as it prepares a binding offer for Volkswagen’s marine engine division, Everllence, in a deal that could value the business at more than €8bn, according to a report by Bloomberg.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
