CorpDev, Author at CorpDev.Org

KKR in advanced talks to invest $400m in Hero Future Energies [Private Equity Insights]

Leading US private equity manager KKR is in advanced negotiations to invest around $400 million in Hero Group’s renewables energy company Hero Future Energies (HFE). The deal could be the firm’s...

KKR in advanced talks to invest $400m in Hero Future Energies [Private Equity Insights]

Why Peloton’s partnership with Amazon may not resolve underlying issues at the fitness company [Partnerships and Alliances]

Peloton's move to sell on Amazon will do little to resolve underlying profitability and demand issues at fitness equipment maker, analysts say. Source

KKR-Led Group Pulls $15B Bid For Ramsay Health Care [buyout/ takeover]

By Renee Hickman (August 26, 2022, 4:43 PM EDT) -- Ramsay Health Care is not interested in discussing an "inferior" takeover proposal valued at about AU$84.93 ($58.53) per share put forth this week...

Foresight Group Sheds Light on Diagnostic Imaging Firm Exit [Private Equity Insights]

Private equity firm Foresight Group has shed light on its disposal of a provider of service and maintenance of diagnostic imaging equipment, including the size of its return. Last week,...

The listed private equity quartet held roughly $416bn in dry powder at the end of Q2 [Private Equity Insights]

The four largest publicly traded alternative asset managers – Apollo Global Management Inc., Blackstone, Carlyle, and KKR – held roughly $416bn in dry powder at the end of the second quarter,...

Blackstone Eyes IPO Filing for $2.5bn India Mall Portfolio [Private Equity Insights]

Blackstone is planning to file as soon as next month for an initial public offering of its Indian shopping mall portfolio that could raise about $500m, people familiar with the matter said. The...

Ardian Shelves $3bn Sale of Health IT Firm Dedalus [buyout/ takeover]

LOS ANGELES--(BUSINESS WIRE)--Butterfly, a Los Angeles-based private equity firm specializing in the food sector, recently announced the closing of its sophomore fund. Nearly doubling in size from...

Olympus-backed Excel Fitness buys 14 Planet Fitness locations in Virginia [PE Hub]

This deal brings Excel's club count to 107 and includes development rights to bring 6 more locations to the Virginia market over the next five years. Source

Blackstone Eyes IPO Filing for $2.5bn India Mall Portfolio [Private Equity Insights]

Blackstone is planning to file as soon as next month for an initial public offering of its Indian shopping mall portfolio that could raise about $500m, people familiar with the matter said. The...