Allocations
Kirkland & Ellis is advising Ally Bridge Group, as a joint offeror with a consortium established by an affiliate of the target company’s controlling shareholder and GL Capital Group, in its proposed HKD2.34 billion (USD300 million) privatisation offer for the H shares of Shandong Luoxin Pharmaceutical Group by way of a voluntary conditional cash offer.
The transaction is conditional on, among other things, Shandong Luoxin’s shareholders approval.
Shandong Luoxin is a Chinese pharmaceutical company whose H shares have been listed on the Hong Kong Stock Exchange since 2005. The voluntary conditional cash offer will only be extended to the
Independent private equity firm Aksìa Group has acquired 70 per cent of Alpha Test, a Milan-based professional education company, specialising in books and courses for preparation at university admission test.
Previously owner of a 45 per cent stake since 2013, Alcedo III Fund will exit from the shareholding structure following this transaction.
After the creation of the Covisian group, the third player in the BPO and contact centre industry in Italy, and the acquisition of 100 per cent of Lameplast COC Group, the Italian and European leader in the preparation, filling and packaging of pharmaceuticals, medical devices and cosmetics,
DH Corporation (D+H), a provider of technology solutions to financial institutions globally, is to be acquired by Vista Equity Partners for CAD25.50 per share in cash.
This includes the assumption of all debt obligations including the issued convertible debentures.
The total enterprise value is approximately CAD4.8 billion.
The transaction price represents a premium of approximately 36 per cent over D+H's closing share price on 5 December 2016, the last trading day before media reports surfaced suggesting the company was exploring strategic alternatives.
Vista intends to combine D+H with another of its portfolio companies, UK-based, Misys, a global
Platinum Equity has closed Platinum Equity Capital Partners IV, a USD6.5 billion global buyout fund.
The fund was heavily oversubscribed, driven by the success of Platinum's M&A&O strategy that integrates investment expertise with deep operational capability and resources.
"We are grateful to investors for believing in Platinum, supporting our growth and trusting us to invest their money wisely," says Tom Gores, chairman and chief executive officer of Platinum Equity. "Our job now is to continue earning that trust by deploying this capital effectively. We have the capacity, the capability and the capital necessary to handle transactions of any size
Aspiring challenger bank, Beyond Funding, a new start-up based in Manchester’s business district Spinningfields, has just appointed two directors from Deloitte.
Willis Towers Watson has launched a fund for institutional investors which is aimed at providing a compelling alternative to index-linked gilts in funding liabilities and enhancing returns.
The new fund, called the Secure Income Fund, provides institutional investors with an inflation-linked cash flow through investments which generate a better risk-adjusted return than investment-grade credit and index-linked gilts.
It encompasses a wide range of strategies across real estate, infrastructure, renewable energy and real asset debt and uses all implementation options including secondaries and co-investments.
Willis Towers Watson has been investing in secure income assets (SIAs) since 2006, and has
Two thirds (65 per cent) of small and medium-sized tech and telecom firms plan to grow dramatically or moderately over the next two years, according to a report launched by venture capital investor Albion Ventures.
Only 7 per cent think they will shrink or wind down.
Based on interviews with more than1,000 SMEs including 150 tech and telco firms, the fourth Albion Growth Report sheds light on the factors that create and impede growth in post-Brexit Britain.
With nearly half (48 per cent) of tech entrepreneurs planning to grow their headcount over the next two years, finding skilled
Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, has sold Power Products, a provider of branded electrical products and systems.
Details of the transaction have not been disclosed.
Headquartered in Menomonee Falls, Wisconsin, Power Products designs, manufactures, and distributes branded electrical tools, components, and power conversion products and solutions. Power
Products primarily serves the electrical construction, repair and remodel, marine and recreation, industrial, power, and transportation end markets. Power Products owns a broad portfolio of brands including BEP, Blue Sea Systems, Del City, Gardner Bender, Lenco
The Russian Direct Investment Fund (RDIF) and Türkiye Wealth Fund (TWF) have signed a memorandum establishing the Russia-Turkey Investment Fund.
The parties will work together to identify attractive investment projects that could strengthen bilateral economic ties and increase investment flows between the two countries.
According to the agreement, RDIF and TWF will invest up to USD500 million each in the Russia-Turkey Investment Fund.
Kirill Dmitriev, CEO of the RDIF, says: “We are pleased that business activity gives impetus to the development of Russian-Turkish relations. RDIF is in close contact with its Turkish partners since TWF’s foundation. A common
Corporate and financial law firm Gattai, Minoli, Agostinelli & Partners has advised Bain Capital in the secondary buyout of Italian tyre distributor Fintyre from BlueGem, advised by Gianni, Origoni, Grippo, Cappelli & Partners.
Gattai, Minoli, Agostinelli & Partners assisted Bain Capital with a team composed by partner Cataldo Piccarreta, senior associates Lorenzo Fabbrini and Maria Pia Palma and associate Domenico Garofalo for the corporate profiles and by partner Cristiano Garbarini and associate Alban Zaimaj for the fiscal aspects of the transaction.
Studio Pirola Pennuto Zei & Associati advised Bain on the fiscal due diligence and business profiles, with a
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12 November, 2026 – 8:00 am
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