Singapore private equity investor expresses interest to acquire minority stake in mm2 Asia
SINGAPORE: mm2 Asia Ltd has received a non-binding term sheet from a Singapore private equity investor expressing interest in a potential acquisition involving a minority...
Patria Private Equity Trust has sold portfolio of fund investments for £180 million
LONDON: Patria Private Equity Trust plc (PPET) has announced the completion of the sale of a portfolio of 14 fund investments for approximately £180 million....
ArcelorMittal takes over Nippon Steel’s 50% equity stake in Calvert Joint Venture
AMSTERDAM: ArcelorMittal has entered into a definitive equity purchase agreement with Nippon Steel Corporation (“NSC”) to purchase NSC’s 50% equity interest in the AM/NS Calvert...
Platinum Equity and Butterfly jointly acquired Rise Baking Company
LOS ANGELES: Global investment firm Platinum Equity and Los Angeles-based private equity firm Butterfly specializing in the food sector, today announced the acquisition of Rise...
Superdry chalks out turnaround plan including restructuring, equity raise, and delisting
LONDON, UK: Superdry Plc has unveiled a comprehensive package of measures aimed at revitalizing its operations and ensuring long-term success. The fashion retailer is set...
Diversified Energy announces record results and strategic acquisition of Oaktree interest
LONDON: Diversified Energy Company PLC has reported its final audited results for the year ending December 31, 2023, showcasing a record average net daily production...
Navigating the Shifting Sands of Interest Rates in Real Estate Investment
The landscape of real estate investment is ever-changing, and recent signals from the Federal Reserve suggest that this fluidity will continue. As investors, it’s crucial...
Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion
LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture;...
Glencore plc to acquire 77% interest in Teck’s Elk Valley Resources for US$6.93 bn
LONDON, UK: Glencore plc has entered into a binding agreement with Teck Resources Limited for the acquisition of a 77% effective interest in the entirety...
Santander profits soar on record-high interest rates
Santander, Spain’s biggest lender, reported a 20 per cent increase in net profit in the third quarter, as it benefited from the highest interest rates...
abrdn agrees to sell its European Private Equity business to Patria Investments
LONDON, UK: abrdn has agreed to sell its £7.5bn AUM European-headquartered Private Equity business to Nasdaq-listed Patria Investments. The sale is expected to complete in...
Toko and Virtuzone sign collaboration to launch Dubai’s first tokenised equity crowd funding platform
DUBAI, UAE: TOKO FZE a leading innovator in the FinTech sector, born out of global law firm DLA Piper, announces a transformative strategic partnership with...