October 5, 2022 - CorpDev.Org

Cybersecurity company NetSPI raises $410m from KKR [Private Equity Insights]

Cybersecurity remains a coveted sector for KKR’s technology-growth team. It’s a market that the private equity firm has been tracking “well before” investing in NetSPI, according to KKR...

Africa records one of its strongest-ever halves for private capital investments with $4.7bn of new capital flowing into companies [Private Equity Insights]

Big drivers of the investment wave were the substantial amount of fresh capital raised by fund managers in 2021, an increasing interest in Africa’s venture ecosystem and overall larger ticket...

Elon Musk Offered to Buy Twitter at a Lower Price in Recent Talks [NYT > Mergers, Acquisitions and Divestitures]

Before Mr. Musk renewed his $44 billion proposal, he and the company haggled in discussions that ultimately did not advance. Source Author: Kate Conger and Michael S. Schmidt

Nestlé completes sale of French brand Mousline to FnB Private Equity [Private Equity Insights]

Nestlé has finalised the sale of France-based mashed-potato business Mousline. Local investor FnB Private Equity has acquired the assets for an undisclosed sum. Source Author: Sebastian

EXCLUSIVE Musk, Apollo no longer in talks to finance Twitter deal -source [buyout/ takeover]

NEW YORK, Oct 5 (Reuters) - Apollo Global Management Inc (APO.N), which was looking to provide $1 billion earlier this year to Elon Musk for his proposed buyout of Twitter Inc (TWTR.N), is no longer...

Blockchain Payments Firm’s $3.6B SPAC Merger Falls Apart [Law360: Mergers & Acquisitions]

Special-purpose acquisition company Goldenstone Acquisition Ltd. told regulators on Wednesday that its $3.6 billion take-public merger with blockchain payment firm's Roxe Holding Inc. has been...

Musk, Twitter may reach deal to end court battle as early as Wednesday, person familiar says [buyout/ takeover]

Source Author: unknown

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom [Deals Market Headlines | Breaking Stock Market News | Reuters]

TORONTO, Oct 5 (Reuters) - As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated banking market could discourage big domestic...

Goldman pursues asset purchases in UK pensions fire sale [Financial Times – Private equity ]

US bank’s asset management arm targets retirement schemes’ illiquid holdings Source Author: unknown

Twitter’s board deserves credit for Elon Musk’s U-turn [Mergers and acquisitions | The Guardian]

Buying Twitter “is an accelerant to creating X, the everything app”, said Elon Musk, by way of non-explanation of why he is now prepared to do the deal he was desperately trying to escape. One...