TPG Growth acquires majority stake in proxy firm Morrow Sodali
By Krystal Hu (Reuters) – TPG Growth, the middle market-focused arm of U.S. private equity firm TPG, has bought a majority stake in proxy firm Morrow Sodali, the companies said,…
By Krystal Hu (Reuters) – TPG Growth, the middle market-focused arm of U.S. private equity firm TPG, has bought a majority stake in proxy firm Morrow Sodali, the companies said,…
TOKYO – Hitachi Ltd is planning to sell most of its 40% stake in Hitachi Transport System Ltd to U.S. private equity firm Kohlberg Kravis Roberts (KKR) for $1.56 billion,…
MADRID – Fund manager Reade Griffith bought a minority stake in Spanish broadcaster Mediaset Espana after its parent company MediaForEurope launched a public takeover offer, a filing to the Spanish…
(Reuters) – Brazil’s Petrobras on Monday started the binding phase to sell its subsidiary 20% stake in Texas-based MP Gulf of Mexico LLC, which owns offshore fields in the region.…
(Reuters) – Brazilian lender Itau Unibanco said on Monday it has reached a deal to acquire a 12.82% stake in the agribusiness marketplace Orbia, formally known as Rede Agro Fidelidade…
FRANKFURT – U.S. investor Capital Group sold most of its 5.2% stake in Deutsche Bank, according to a disclosure on Thursday. The filing makes official the name of the seller,…
ZURICH – German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Germany’s flag carrier Lufthansa to 10%, Kuehne Holding AG said in a statement on Monday. Kuehne, 84, had…
MUMBAI – U.S. investment firm Invesco is set to cut its holding in India’s Zee Entertainment by more than a third to 11%, it said on Wednesday, days after abandoning…
LONDON – HSBC said on Wednesday it had increased its stake in its China securities brokerage, through a deal to buy equity from its state-owned partner Qianhai Financial Holdings. The…
MADRID – Spain’s state rescue fund FROB has increased its stake in the country’s “bad bank” Sareb to more than 50%, in line with a European Union order to count…
NEW YORK, April 5, 2022 — Golub Capital acted as Left Lead Arranger and Administrative Agent on a $1.3 billion unitranche facility to finance CVC Capital Partners’ (“CVC”) acquisition of a…
BERLIN -German airport services provider Fraport cannot sell its stake in St. Petersburg airport before 2025, and even then such a sale would be subject to conditions and not necessarily…
By Emma-Victoria Farr LONDON – Financial investors including KKR and EQT are considering offers for a stake in listed German laboratory supplier Stratec, sources familiar with the matter told Reuters…
MONTREAL – DHL Express Division, an affiliate of Deutsche Post DHL Group, struck a deal with Cargojet Inc, which would give the German company an option to buy up to…
By Krystal Hu (Reuters) – Liberty Strategic Capital, a Washington D.C.-based private equity fund founded by former U.S. Treasury Secretary Steven Mnuchin, has acquired a controlling stake in enterprise security…
BERLIN – Daimler Truck said on Thursday it was not now in talks over whether it would take over a stake in Russia’s Kamaz from its former parent Mercedes-Benz AG,…
ZURICH – Luxury goods group Richemont has sold its entire 20% stake in Swiss watchmaker Greubel Forsey, documents showed on Thursday. Greubel Forsey said in a statement that 100% of…
MADRID -Mexican billionaire Carlos Slim’s Spanish construction firm FCC on Wednesday launched a tender offer for a 24% stake in real estate developer Metrovacesa, a FCC filing to the local…
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator…
SANTIAGO – U.S.-based commodities trader Cargill Inc has agreed to acquire a 24.5% stake in the salmon farming subsidiary of Chile’s Multiexport Foods for some $290 million, it said on…
By Jonathan Stempel – Occidental Petroleum Corp shares rose on Thursday after Warren Buffett’s Berkshire Hathaway Inc said it spent nearly $1 billion on additional shares in the oil company,…
MILAN – Exor, the holding company of Italy’s Agnelli family, has increased its stake in Dutch-based mobile network operator Veon to 5.08% as of March 3, documents published by the…
– Sensor maker Velodyne Lidar Inc said on Monday founder David Hall and wife Marta Hall have cut their stake in the company to 10.1% from 42.9%. David Hall also…
WHIPPANY, N.J., March 10, 2022 — Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, and other energy sources; including low carbon alternatives, today announced it purchased…
– Billionaire Vadim Moshkovich, the founder and top shareholder of Russia’s Rusagro, has cut his stake in the farming conglomerate to below 50%, the London-listed company said after he was…