KKR said Tuesday that it will buy private capital fund administrator Gen II for $5.1 billion, including debt, from London-based private equity firm Hg and U.S. growth equity provider General Atlantic.
KKR said Tuesday that it will buy private capital fund administrator Gen II for $5.1 billion, including debt, from London-based private equity firm Hg and U.S. growth equity provider General Atlantic.
Informa PLC said Tuesday it is buying events organizer Clarion from Blackstone for £2.24 billion ($3 billion) to expand its live events business as it considers selling its Taylor & Francis academic markets division.
France's second-largest bank BPCE disclosed Tuesday a "friendly acquisition" of approximately 7% of the share capital of Banco de Sabadell, a year after the Spanish lender survived a hostile takeover bid from rival BBVA.
Investment companies CVC and Groupe Bruxelles Lambert upped their offer on Tuesday for Italian pharmaceutical company Recordati from €51.29 ($58) to €53.71 per share, representing the "best and final offer" as the investors move to take the business private.
B.P. Marsh & Partners PLC said Tuesday that it has bought a 30% equity stake in newly launched London market underwriting agency Dauntless U/W Ltd., which specializes in marine hull insurance for a "nominal consideration."
The European Commission has an extra month to decide whether the planned €1.42 billion ($1.6 billion) joint venture between paper manufacturers UPM-Kymmene and Sappi could harm competition in markets for paper used in magazines and books.
