Deals
Blackstone and three major Canadian institutional investors have agreed to acquire a 25% interest in Air Canada’s Aeroplan loyalty programme in a transaction that values the business at CAD10bn, according to a report by Bloomberg.
Apollo Sports Capital has agreed a $2.6bn investment in Yankee Global Enterprises, providing the owner of the New York Yankees with fresh capital to reduce debt and pursue new commercial opportunities, according to a report by Reuters.
Defence technology company Lyntris is targeting a US initial public offering that could raise up to $528m, providing private equity backer Trive Capital with an opportunity to sell down part of its investment amid strong public-market demand for defence companies, according to a report by Bloomberg.
Nvidia has teamed up with some of the world’s largest alternative asset managers and investment banks to create financing platforms that could channel more than $500bn of external capital into AI infrastructure over the coming years, according to a report by the Wall Street Journal.
CyrusOne, the data centre operator owned by KKR and BlackRock’s Global Infrastructure Partners, is preparing for a potential US initial public offering as early as 2027, in what could become one of the sector’s largest listings in recent years, according to a report by Reuters.
Blackstone-backed marina operator Safe Harbor Marinas is nearing an agreement to acquire US recreational yacht retailer MarineMax in a transaction valued at approximately $1.5bn, according to a report by Reuters.
Private equity firms are increasingly looking to public markets to exit portfolio companies as a shortage of strategic buyers continues to constrain traditional M&A routes, according to a report by the Wall Street Journal.
US infrastructure investor I Squared Capital has agreed to acquire Australian outdoor advertising company oOh!Media for AUD898m ($634m), bringing an end to a months-long auction that attracted interest from several major private equity firms, according to a report by Bloomberg.
Private equity-backed German digital consumer lender Auxmoney is exploring strategic options that could include a sale of the business or an initial public offering, according to a report by Bloomberg citing unnamed people familiar with the matter.
A prolonged slowdown in UK initial public offerings is restricting exit options for private equity and venture capital investors, increasing their reliance on sales to other financial sponsors and strategic buyers, according to a report by Bloomberg citing data from PitchBook.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
