Insignia Financial, Australia’s third-largest superannuation player, has attracted a third suitor, with Brookfield Asset Management entering the fray to acquire the money manager with an AUD3bn ($1.9bn) offer, according to a report by Reuters.
US private equity giant KKR has increased its offer price for Japanese IT company Fuji Soft to JPY9,850 per share, surpassing a competing bid from rival buyout firm Bain Capital in an intensifying takeover battle, according to a report by Reuters.
Private equity firms Warburg Pincus and Berkshire Partners have agrered to acquire aircraft parts manufacturer Triumph Group in a take private deal valued at approximately $3bn, including debt, according to a reports.
Blackstone has reported stronger-than-expected earnings for the fourth quarter of last year, fuelled by a resurgence in dealmaking and early signs of stabilisation in the troubled commercial real estate sector, according to a report by Reuters.
Private equity giant KKR has taken a 12% stake in Henry Schein and reached an agreement to add independent directors to the company’s board, the medical and dental supplies distributor announced Wednesday, according to a report by the Wall Street Journal.
Bain Capital Private Equity has submitted a proposal to acquire the remaining 61% of shares in Surgery Partners that it does not already own, at $25.75 per share, giving the surgical facility operator a value of $3.2bn, according to a report by Reuters.
Private equity giant KKR has emerged as a key player in the race to acquire Cubico Sustainable Investments, a UK-based renewable energy firm valued at approximately $6bn, including debt, according to a report by Reuters.
Private equity firm EIG Global Energy Partners is set to cash in on its stake in Maverick Natural Resources through a $1.28bn deal with US-based Diversified Energy Company, marking a significant move in the energy sector, according to a report by Reuters.
Swedish private equity giant EQT Partners has reported €11bn in exit proceeds for 2024, a 72% increase from the prior year, signalling a recovery in private equity activity after a period of subdued exits, according to a report by the Financial Times.
Shares of Insignia Financial surged to a three-year high on Thursday after US-based private investment giant Bain Capital matched a revised takeover offer of AUD3.07bn ($1.92bn) from rival buyout firm CC Capital Partners, according to a report by Reuters.