Deals
China Investment Corp, the country’s $1.3tn sovereign wealth fund, has abruptly pulled the plug on a planned $1bn sale of US private equity fund stakes, marking a rare reversal deep into the secondary sale process, according to a report by Bloomberg.
Warburg Pincus is in advanced discussions to sell its 10% stake in SBI General Insurance in a deal that would value the the business at over $4.5bn, according to a Bloomberg News report, as the US PE firm seeks an exit from its 2019 investment in the Indian insurer.
Funds managed by Apollo Global Management have led a $750m investment into Mumbai International Airport Ltd (MIAL), the operator of India’s second-largest airport, in a deal that strengthens Adani Group’s balance sheet and debt maturity profile, according to a report by Bloomberg.
The MAGELLIM Group has acquired a majority stake in GO Capital, a specialist in regional impact investment with experience seed capital for technology and venture capital, investing in companies with high growth potential in expanding sectors such as blue economy, medtech, digital, and environmental transition.
Mutares is to acquire inTime Group from Super Group, strengthening the Goods & Services segment as a new platform investment. The deal is expected to close in the third quarter of 2025.
Bain Capital is flying high after Virgin Australia’s successful IPO, which saw shares surge 8.3% on debut, landing the private equity giant with a roughly 40% internal rate of return on its initial investment, according to a report by Reuters.
Ares Management has acquired a 20% stake in Eni’s renewable energy and retail arm, Plenitude, for approximately €2bn ($2.3bn), as the Italian energy giant continues to bring in strategic partners to scale its clean energy operations, according to a report by Reuters.
Private equity firm Haveli Investments has agreed to acquire AI-centric database platform Couchbase in a $1.5bn all-cash transaction, as it continues to build exposure to high-growth technology assets, according to a report by Reuters.
Athora Holding, the European savings and retirement services platform backed by Apollo Global Management, is reportedly in advanced discussions to acquire Pension Insurance Corporation (PIC) in a transaction that could value the UK-based insurer at up to £5bn ($6.75bn), according to Sky News.
UK healthcare real estate firm Assura has backed a £1.79bn ($2.4bn) takeover offer from competitor Primary Health Properties (PHP), rejecting a competing bid from private equity giants KKR and Stonepeak Partners, according to a report by Reuters.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm