TOP STORY: Dollar Tree has agreed to sell its struggling Family Dollar business to a consortium of private equity investors led by Brigade Capital Management and Macellum Capital Management for approximately $1bn, concluding a nearly year-long search for a buyer, according to a report by Reuters.
Deutsche Bank is assessing interest from banks and private credit funds in potentially providing a $200m loan to support Blackstone’s bid for Trans Maldivian Airways, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Private equity deal activity in Asia-Pacific is showing signs of recovery, with transaction volumes rising 11% year-on-year to $176bn in 2024, according to a report by Bloomberg citing global consultancy Bain & Co.
Temasek and Warburg Pincus are preparing to sell their majority stake in healthcare supply chain management firm Global Healthcare Exchange, with the deal expected to be valued at up to $5bn, according to a report by the Financial Times.
A private equity-backed consortium, led by Bill Chisholm, Co-Founder of STG Partners, has struck a $6.1bn deal to acquire the Boston Celtics, marking the largest PE-led takeover of a sports franchise and setting a new record for NBA team valuations, according to a report by Bloomberg.
EQT is set to return $5.4bn to investors following the sale of a stake in Nord Anglia Education, marking one of the largest and most profitable private equity exits in Asia in recent years, according to a report by Bloomberg.
ALTERNATIVE VIEWS | Private Equity Wire goes behind closed doors with those in the know to get the latest on private markets. In our first instalment, we sat down with Patrick Marshall (pictured), Head of Private Credit and Chair of the Private Debt Investment Committee at Federated Hermes.
Private equity firm Sixth Street has acquired a 10% stake in the San Francisco Giants marking a significant investment in the Major League Baseball franchise aimed at infrastructure and community development rather than player acquisitions, according to a report by then New York Times.
A private equity consortium led by KKR and Warburg Pincus has submitted a non-binding bid to acquire Gerresheimer AG, the German medical packaging company known for manufacturing injector pens used in popular weight-loss drugs such as Wegovy, according to a report by Reuters.
Citigroup and Apollo Global Management are offering private credit financing to potential buyers of Boeing’s Jeppesen navigation unit, marking the first major test of their recently established $25bn direct lending partnership, according to a report by Bloomberg.