Private Equity Insights

DECEMBER 13, 2023

is weighing a bid for UK’s Pension Insurance Corporation (PIC) in a deal that could value the company at about $6.26bn, Sky News reported on Wednesday. Privately held PIC, a specialist insurer of defined benefit pension schemes, is owned by shareholders including Luxembourg-based Reinet Investments and CVC Capital.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Insights

JUNE 27, 2023

An arm of Canadian investment giant Brookfield has made a cash and stock bid for American Equity Investment Life Holding Co. The bid includes $38.85 Brookfield Reinsurance is already the biggest shareholder in West Des Moines, Iowa-based American Equity with a roughly 20 percent stake, according to regulatory filings.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Asset Management 130

Private Equity Insights

DECEMBER 22, 2023

private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt (GVOLT.LS) that values the firm at 1.16 above our target price, so we would recommend taking part in the takeover bid,” Renta 4 analyst Eduardo Imedio said in a research note. A unit of U.S. amid interest.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Funds 130

Private Equity Insights

NOVEMBER 24, 2023

Existing shareholders may sell a slice of their holdings as part of the capital increase, the people said. Co-founder Teodoro D’Ambrosio is the group’s largest shareholder, with Blackstone, Goldman Sachs and Carlyle also holding stakes, a Prima spokesperson said, declining to comment on the fundraise.

Bidding 130

Bidding Stakes Initial Public Offering Private Equity Firms 130

Private Equity Wire

APRIL 25, 2024

Concord, a US investment group backed by Apollo Global Management, has raised its bid for Hipgnosis Songs Fund (HSF) to $1.5bn, surpassing a competing offer from Blackstone and initiating a bidding war, according to a report by the Financial Times. on its original bid, or 42.6% per share for HSF.

Bidding 96

Bidding Legal Shareholders Assets 96

Private Equity Insights

OCTOBER 9, 2023

Sources said Ramsay – which has a market value of almost $12bn and 74 hospitals and clinics around the country – submitted a non-binding indicative bid to sell-side adviser Citi earlier this month. Sources cautioned there was no certainty Ramsay’s indicative bid would progress to a binding offer, nor that a signed deal would materialise.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Buyout 130

Private Equity Insights

SEPTEMBER 21, 2023

That clears the way for the domestic fund to squeeze out the remaining shareholders and take full control of the company in what is set to be Japan’s biggest deal this year. The chief executive at the time resigned to take responsibility for the chaos, after which the board began soliciting bids to take the company private.

Bidding 130

Bidding Buyout Private Equity Firms Private Equity Firms 130

The Motley Fool

SEPTEMBER 22, 2023

However, investors in another stock got schooled in Friday's premarket session, as Scholastic (NASDAQ: SCHL) released financial results late Thursday that didn't match up with shareholder expectations. At this point, Activision stock is now trading less than $1 below the proposed $95-per-share cash buyout bid.

Shareholders 147

Shareholders Mergers and Acquisitions Education Buyout 147

Private Equity Insights

JUNE 16, 2023

Naxicap would remain a minority shareholder following the deal for ECF, which has annual revenues of about €760m. read more The post PAI Partners Bids for Stake in €760m-Revenue Naxicap-Backed ECF Group appeared first on Private Equity Insights.

Bidding 130

Bidding Stakes Private Equity Firms Private Equity Firms 130

Financial Times M&A

MAY 22, 2024

Last-minute intervention from miner’s second-largest investor comes hours before offer deadline

Shareholders 82

Shareholders Bidding Investors 82

Financial Times M&A

FEBRUARY 20, 2024

Redwheel says they are ‘in complete agreement’ that business is worth substantially more than Elliott’s offer

Shareholders 84

Shareholders Bidding 84

Private Equity Insights

AUGUST 9, 2023

Li Chaowang, Vinda’s founder and second-largest shareholder, is also considering teaming up with a bidder for the firm, they said, which has a market value of around $2.4bn. Read more GLP Capital Partners Raises $554m for Renewable Energy Fund GLP Capital Partners (GCP), an alternative asset manager based in Singapore, has established its.

Bidding 130

Bidding Stakes Capital Private Equity Firms 130

Financial Times M&A

APRIL 25, 2024

Legal & General and Abrdn say offer substantially undervalues UK-listed miner

Shareholders 98

Shareholders Bidding Legal 98

The Motley Fool

JULY 5, 2024

Not this team's first offer for Macy's The Wall Street Journal is largely responsible for today's surge, reporting after Wednesday's close that investment management companies Arkhouse Management and Brigade Capital Management are upping their joint bid to buy Macy's at $24.80 Macy's has not publicly responded to the news. Last year's $5.8

Bidding 130

Bidding Shareholders Stakes Returns 130

Private Equity Insights

AUGUST 9, 2023

Li Chaowang, Vinda’s founder and second-largest shareholder, is also considering teaming up with a bidder for the firm, they said, which has a market value of around $2.4bn. Bloomberg Source: The Star Can’t stop reading? parent company of the Pollo Tropical® restaurant brand, and.

Bidding 130

Bidding Stakes Capital Private Equity Firms 130

Financial Times M&A

JUNE 10, 2024

Vista Outdoor thinks partial break-up bests PE buyout offer

Shareholders 77

Shareholders Bidding Buyout 77

Financial Times M&A

NOVEMBER 1, 2023

$12.5bn takeover of Origin Energy in balance ahead of vote this month on deal

Shareholders 118

Shareholders Bidding 118

Financial Times M&A

DECEMBER 4, 2023

Australian investors fight off second major overseas takeover attempt of a local company in two months

Shareholders 88

Shareholders Bidding Investors Companies 88

The Motley Fool

AUGUST 22, 2023

regulators to approve the deal is making Ubisoft Entertainment (OTC: UBSFF) (OTC: UBSFY) shareholders happy. Microsoft (NASDAQ: MSFT) is doing just that with its attempt to acquire Activision Blizzard (NASDAQ: ATVI). The Seattle-based technology giant's latest run at trying to convince U.K. Here's what investors should know.

Shareholders 100

Shareholders Bidding Investors Companies 100

The Motley Fool

MAY 28, 2024

CoStar management believes the deal will go through before the end of 2024, but it still needs to pass shareholder and regulatory hurdles. Details of CoStar Group's acquisition of Matterport In late April, CoStar announced its intention to acquire Matterport, with each Matterport shareholder receiving $2.75 in cash and $2.75

Mergers and Acquisitions 242

Mergers and Acquisitions Bidding Shareholders Enterprise Values 242

Private Equity Insights

MAY 17, 2024

Paramount Global was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount’s streaming services and TV channels if their US$26 billion joint bid goes ahead.

Bidding 130

Bidding Buyout Stakes Shareholders 130

The Motley Fool

AUGUST 18, 2023

billion bid for U.S. Now what On Thursday, Cleveland-Cliffs announced it had received the exclusive right to bid on U.S. Steel and the USW upon closing of the transaction, and implied the USW maintained the right to block rival bids for the company. On Friday, however, U.S. As such, U.S.

Bidding 246

Bidding Prospects Assets Shareholders 246

Private Equity Wire

JULY 4, 2023

Paine Schwarz bids $935m for horticulture specialist Costa Group Submitted 04/07/2023 - 10:27am US private equity firm Paine Schwartz Partners (PSP) has a made an AUD1.4 billion) bid to acquire the remaining shares it doesn't already hold in Australian horticultural specialist Costa Group Holdings, according to a report by Reuters.

Bidding 52

Bidding Private Equity Firms Private Equity Firms Stakes 52

The Motley Fool

DECEMBER 11, 2023

Macy's (NYSE: M) could reportedly be the target of an acquisition bid, while Cigna Group (NYSE: CI) called a potential deal off. Nevertheless, shareholders in both companies are happy with the potential outcomes. The iconic retailer could be going private, if reports of a takeover bid are correct.

Bidding 130

Bidding Mergers and Acquisitions Buyout Shareholders 130

Private Equity Wire

NOVEMBER 6, 2023

US private equity major KKR has secured approval from Telecom Italia (TIM) for its €19bn bid to acquire the telecoms company’s fixed-line network, in what will be one of the first landline grid deals in a major European country, according to a report by Reuters.

Bidding 74

Bidding Legal Debt Shareholders 74

Financial Times M&A

JANUARY 11, 2023

Struggling battery start-up receives £30mn counter-offer to DeaLab proposal

Shareholders 87

Shareholders Bidding 87

Private Equity Wire

JULY 8, 2024

The transaction resolves months of speculation around the future of Paramount, which also reportedly attracted a $26bn bid from a consortium led by Sony Pictures and Apollo. Shareholders with non-voting stock will receive $15 per share or one share of non-voting stock in the new company. The merger will proceed in two stages.

Private Equity Firms 92

Private Equity Firms Private Equity Firms Bidding Shareholders 92

Financial Times M&A

MAY 27, 2024

US company faces tight shareholder vote on whether its takeover offer for consortium partner Hess will be approved

Bidding 106

Bidding Shareholders Companies 106

The Motley Fool

MARCH 8, 2024

Terran Orbital's board viewed that bid as undervaluing the company, and responded by adopting a temporary "poison pill " shareholder rights plan that halted Lockheed's effort, allowing it time to consider its options. Investors appear to be hoping for a sweetened bid from Lockheed Martin to get the deal done. on Friday.

Mergers and Acquisitions 245

Mergers and Acquisitions Bidding Private Equity Firms Private Equity Firms 245

The Motley Fool

SEPTEMBER 26, 2023

Aurora Cannabis (NASDAQ: ACB) shareholders are thirsty for some good news. That's not great for current shareholders, but investors on the sidelines might be looking for reasons to buy in hopes of a turnaround. To be listed on the Nasdaq Composite , a business' shares must consistently meet the minimum bid price requirement of $1.

Bidding 244

Bidding Stock Exchanges Shareholders Debt 244

Financial Times M&A

FEBRUARY 29, 2024

GXO proposal comes after board had recommended shareholders accept improved bid from CMA CGM

Bidding 40

Bidding Shareholders 40

Private Equity Wire

JUNE 19, 2024

The company emphasised that the new bid is one the board is prepared to endorse to its shareholders. Co-founder and largest shareholder Peter Hargreaves told the FT that it was “a disgrace” and described his namesake as “one of the best-run companies in the UK 10 years ago”. This offer values the company at £11.40

Private Equity Firms 97

Private Equity Firms Private Equity Firms Bidding Stakes 97

Private Equity Insights

DECEMBER 22, 2023

of shareholders. Apollo paid shareholders 65p a share in cash, giving TRG, which incorporates Wagamama and the Brunning & Price pub chain, an enterprise value of £701m. Analysts had been divided about the terms of the deal, with some warning it was too low and likely to flush out another bid.

Bidding 130

Bidding Private Equity Firms Private Equity Firms Enterprise Values 130

The Motley Fool

JULY 15, 2024

That bid was also rejected. The decision of course leaves Macy's shareholders wondering what comes next. The Arkhouse/Brigade offer was shareholders' last best hope Monday's big pullback is tempting to be sure. billion ($21-per-share) offer was ultimately rejected, but then raised to $24 per share in March of this year.

Buyout 130

Buyout Bidding Prospects Shareholders 130

Financial Times M&A

MARCH 6, 2023

State-owned lender’s bid is similar to KKR’s, but it attributes less value to FiberCop

Shareholders 71

Shareholders Bidding 71

The Motley Fool

APRIL 29, 2024

Alphabet is using it across its ad ecosystem to help with everything from targeting, bidding, creative, and measurement. For example, it has developed a smart bidding tool that uses AI to predict future ad conversions. This isn't the only area where the company is benefiting from AI, however. Alphabet's No.

Bidding 246

Bidding Leveraging Shareholders Capital 246

The Motley Fool

JUNE 27, 2023

Both American Equity Investment Life Holding (NYSE: AEL) and Stratasys (NASDAQ: SSYS) are seeing their shares move sharply higher after getting buyout interest from prospective acquirers, and shareholders seem excited about the prospects. With this bid valuing American Equity at $4.3 With this bid valuing American Equity at $4.3

Mergers and Acquisitions 130

Mergers and Acquisitions Bidding Buyout Asset Management 130