PAI Partners purchases R&R Ice Cream for Eur235 million paid through a payment in kind toggle note. PAI Partners, the private equity firm is financing its acquisition of R&R Ice Cream from its owners Oaktree.
Sectors
TPG and Japan's SMBC Discussing US$1.3 Billion Stake Deal
SMBC of Japan plans to acquire shares in BTPN. Sumitomo Mitsui Banking Corp of Japan is in further discussion for the acquisition of US$1. 3 billion worth of shares in the Indonesian lender supported by TPG Capital, BTPN, Reuters wrote Monday.
KKR Gives Eur320 Million Loan to Spain's Uralita
KKR,because of the dearth of bank loans in Spain, loans money to Uralita. The asset management division of Kohleberg Kravis Roberts & Co LP granted a Eur320 million or US$419 million to Spain's Uralita SA.
Abraaj Exits Unitrio
Abraaj sells off Unitrio shareholdings to NTT Facilities. The leading investor in growth markets, the Abraaj Group, has announced today its exit from Unitrio Technology Ltd of Thailand.
AutoInfo Inc Merges with AutoInfo Holdings Inc.
AutoInfo Inc merges with AutoInfo Holdings Inc. AutoInfo has announced the completion of its merger with Comvest Investment Partners IV LP subsidiary AutoInfo Holdings.
Latest News
The capital gains tax bill would be one of the issues in the buyout bid, should it happen, of Verizon for Vodafone in Verizon Wireless.
Majid Al Futtaim is discussing with the Mansour Group for the purchase of the Metro Chain and Kheir Zaman discount grocery store.
Bertelsmann to sell RTL shares from April 18 to 29 before the April 30 trading day. Bertelsmann, the media conglomerate from Germany, has tightened the price range for its placement of shares in the RTL Group between Eur54 and Eur56.
Mirabaud & Cie Opens M&A unit in preparation for the market rebound. The Swiss private wealth manager and fund broker Mirabaud & Cie is opening up a mergers and acquisitions advisory group.
Rentokil sells City Link for a ceremonial 1 British Pound to Better Capital Investment Fund. Rentokil Initial Plc share values increased tthe highest in two years after its disposal of City Link Express delivery business.
Ista, the German metering company, will be marketing its loan bond issue worth Eur1.5 billion. The German metering company Ista International GmBH recently purchased by CVC Capital Partners has commenced marketing activities for its Eur1.
Because of an investor on the US sanction list, Singapore Exchange rejects Aussino share IPO. In a surprise decision, the Singapore Exchange rejected the application for the Sing$70 million or US$57 million reverse takeover deal of Aussino Group.
VTB IPO worth US$3.3 billion snapped up by sovereign wealth funds in Azerbaijan, Norway and Qatar. VTB, the second largest financial institution in Russia, has announced that subscribers have bought the entirety of its 102.
Telecom Ltd purchases Revera Ltd for NZ$96.5 million. Telecom New Zealand Ltd announced last Monday that it is acquiring Revera Ltd, a privately owned IT infrastructure and data center based in Auckland, NZ.
