Deals
Digital Edge, the Asia-Pacific data centre operator backed by Stonepeak Partners, is exploring strategic options including a potential partial or full sale that could value the business at up to $10bn, according to a report by Bloomberg citing unnamed people familiar with the matter.
TOP STORY: Thermo Fisher Scientific has agreed to divest its microbiology division to private equity firm Astorg in a deal valued at approximately $1.08bn, according to a company statement. The transaction will be funded through a combination of cash proceeds and a $50m seller note.
Private investment major Apollo Global Management has taken a stake in Swiss dental company vVardis Holding AG in a transaction that values the business at more than $1bn, according to a company statement.
Online second-hand marketplace Vinted has reached an €8bn valuation following a secondary share sale led by existing investor EQT, according to a report by the Financial Times. The transaction involved approximately €880m worth of existing shares being sold by early investors and employees, providing partial liquidity while also broadening the company’s shareholder base ahead of a potential future IPO.
Sullivan Street Partners (SSP) has invested in Mi Hub, a leading provider of corporate uniform solutions headquartered in the UK, acquiring the business from LDC. Mi Hub sources ready-to-wear, bespoke and technical uniforms for businesses of all sizes.
Porsche AG has agreed to divest its holding in Bugatti Rimac to an investor group led by private investment firm HOF Capital, as the carmaker sharpens its focus on core operations amid declining profitability, according to a report by Reuters.
Private equity exit activity across Europe and the UK softened in the first quarter of 2026, although market participants expect a pickup once macroeconomic and geopolitical conditions stabilise, supported by substantial dry powder and a growing backlog of assets, according to data from White & Case.
Apollo Global Management has agreed to acquire the automotive interiors division of Forvia SE in a transaction valued at €1.82bn ($2.1bn), according to a report by Bloomberg.
Intertek has turned down an improved takeover proposal from European private investment giant EQT AB, stating that the offer significantly undervalues the business and its long-term growth potential, according to a report by Reuters.
Thrive Capital is expanding beyond its traditional technology focus with a new investment in the San Francisco Giants, marking a significant move into professional sports ownership, according to a report by the Wall Street Journal.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
