Big Deal

Citi to slash lending to buyout funds as new capital rules bite [buyout/ takeover]

Bank preparing to reduce size of ‘subscription line’ book from $65bn to $20bn Source Author: unknown

Kohl’s sees push from activist investor for removal of CEO, Chairman (update) [Activist Investor]

Activist investor Ancora Holdings, one of the hedge funds that pushed for a board shake-up at Kohl's (NYSE:KSS) last year, is now advocating for the the ouster of the retailers' CEO and board chairman. Source Author: unknown

FTC Not Done Targeting Specific Corporate Execs [Law360: Mergers & Acquisitions]

By Bryan Koenig (September 20, 2022, 10:03 PM EDT) -- U.S. Federal Trade Commission Chair Lina Khan told lawmakers Tuesday the agency is just getting started targeting individual company executives in enforcement actions as it tries to overcome...

Antitrust regulators expand their global reach. [NYT > Mergers, Acquisitions and Divestitures]

The European Union’s competition authority blocked a merger of Illumina and Grail, even though Illumina said Grail had no business in Europe. Source Author: Ephrat Livni

PE Firm Baring Raises About $11bn for Its Largest Fund [buyout/ takeover]

Baring Private Equity Asia has gathered about $11bn as it wraps up commitments for a fund that’s set to be the biggest pool of capital in the firm’s history, according to people familiar with the matter. The Hong Kong-based investment manager...

ESG Deals

Only 3% of PE funds are Article 9 funds [Private Equity Insights]

Private equity strategies are in no hurry to adopt regulatory labels, but they are showing signs of improvement when it comes to factoring in climate change Only 3% of private equity funds classify themselves as dark green Article 9 strategies,...

Private equity still investing billions in dirty energy despite pledge to clean up [buyout/ takeover]

Private equity firms pumping billions of dollars into dirty energy projects are exposing investors, including pensioners, to unknown financial risks as the planet burns and governments face escalating pressure to act, new research finds.The...

FLEETCOR® Acquires Plugsurfing, a Leading European Electric Vehicle Solutions Provider [Business Wire Merger/Acquisition News]

LONDON--(BUSINESS WIRE)-- #EV--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, announced today the acquisition of Plugsurfing, a leading European electric vehicle (EV) software and network provider to vehicle...

Accenture Acquires Leading Carbon Emissions and Climate Change Strategy Consultancy Carbon Intelligence [Business Wire Merger/Acquisition News]

LONDON--(BUSINESS WIRE)--Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategy consultancy. Source

MetLife to acquire ESG-focused fixed income manager, Affirmative Investment [M A News on Seeking Alpha]

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