Oldenburgische Landesbank AG, a German lender backed by private equity firm Apollo Global Management, has but the brakes on plans for an IPO that was expected to happen as early as May of this year, according to a report by Bloomberg.

An affiliate of alternative investment firm HIG Capital has sold Elekeiroz, a specialist in the oxo-alcohols, plasticizers, phthalic & maleic anhydrides and sulfuric acid markets in Brazil, to Latin American speciality chemicals company Oswaldo Cruz Química.

French private equity investment firm Ardian has begun exploring a possible bid to take INWIT, an Italian-based telecoms tower operator, private at a market value of around €11 billion, according to a report by Reuters. Unnamed Reuters sources say that Ardian, which is the INWIT’s second largest shareholder with a stake of around 30% behind European tower company Vantage Towers AG (33%), is working with advisers at JPMorgan Chase & Co on a potential offer. Shares in INWIT jumped by as much as 4.8% to a record high of €11.87 in Milan on Thursday morning when news of a possible

Toshiba Corp’s board has accepted a $15 billion buyout offer from a consortium of investors led by Tokyo-based private equity firm Japan Industrial Partners, according to a report by the Nikkei Business Daily.

The EQT Growth fund has made a €100 million investment in IntegrityNext, a Munich-based sustainability software platform dedicated to enabling supply chain transparency and regulatory compliance. 

Arlington Capital Partners has launched Eqlipse Technologies, a new platform company formed from firms focused on full-spectrum cyber and signals intelligence engineering, digital operations and identity management, and research and development.

General Atlantic, a global growth equity investor, is anchoring a $179 million equity investment in Gravie, a US-based employer health benefits company, alongside participation from existing Gravie investors FirstMark Capital and AXA Venture Partners. Gravie plans to use the capital to funds growth through investments in all areas of the company, including expanding its flagship Comfort health plan for small and medium-sized businesses, which offers comprehensive coverage of all essential benefits. Gravie currently provides health benefits to the employees and families of more than 1,200 companies nationwide.    The investment is expected to close within 30 days, subject to regulatory

Deal activity across Europe continued at a steady pace during 2022 despite an increasing number of economic headwinds, according to the latest annual European M&A study by global law firm CMS.

Private investment firm Auxo Investment Partners has added to its speciality manufacturer platform with the acquisition of Saylor Technical Products, LLC, which will operate under the Precision Products Group brand. PPG is the parent company of Paramount Tube, Breyden Products and Euclid Medical Products.