Private equity firm EQT AB said Tuesday that it has intensified its pursuit of Intertek Group PLC, unveiling what it called a "final proposal" valued at £9.4 billion ($12.7 billion) for the British laboratory testing company.
Private equity firm EQT AB said Tuesday that it has intensified its pursuit of Intertek Group PLC, unveiling what it called a "final proposal" valued at £9.4 billion ($12.7 billion) for the British laboratory testing company.
Bank of Montreal said Tuesday that it has agreed to sell its specialized transportation and vendor-focused financing business to investment firm Stonepeak Partners LP for an amount that it did not disclose.
LondonMetric Property PLC and a unit managed by asset manager Schroders said Tuesday they have formed a consortium and agreed to buy Picton Property Income Ltd., valuing the U.K.-listed rival at £403.4 million ($546.5 million).
Pantheon International PLC said on Tuesday that it plans to repurchase shares worth at least £180 million ($243 million), which will be funded from a sale of assets.
Man Group PLC began a share buyback program worth up to $50 million on Tuesday, which is aimed at downsizing the investment management company's share capital.
Derwent London PLC said Tuesday that it plans to return up to £50 million ($67.7 million) to investors through a share repurchase program, as the real estate investment trust continues with its strategy of disposing of assets.
McDermott Will & Schulte has hired 12 lawyers led by a private equity specialist from Italian firm Gitti and Partners for its office in Milan as it continues to invest in its legal services in Europe.
