Private equity firm CVC said Monday that it plans to buy hedge fund Marathon Asset Management LP in a cash and equity deal of up to $1.2 billion to boost its credit products in the U.S.
Private equity firm CVC said Monday that it plans to buy hedge fund Marathon Asset Management LP in a cash and equity deal of up to $1.2 billion to boost its credit products in the U.S.
Czech billionaire Daniel Křetínsky said Monday that he plans to buy French electronics retail group Fnac Darty in a deal valued at approximately €1.1 billion ($1.3 billion) as he looks to further expand his European empire.
HSBC Holdings PLC said Monday that it has finalized the privatization of Hang Seng Bank in an all-cash deal valued at 106 billion Hong Kong dollars ($13.6 billion), making the Hong Kong lender a wholly owned subsidiary.
Almost 70% of midsize law firms said they had been targeted by private equity shops in 2025, according to a Law Society report, as professional services firms continue looking for boosts from external funders.
Compagnie Chargeurs said Monday that it has entered into a binding agreement with KPS Capital Partners LP to sell its buildings protection business Novacel to the U.S. private equity firm in a deal worth approximately €230 million ($273 million).
Finland's national airline has offloaded £4 million ($5.5 million) of its pension liabilities to insurer Aviva PLC, advisers said Monday, in a deal guided by Arc Pensions Law.
Costain Group PLC said Monday that it has reached a new agreement for its defined benefit pension scheme with its trustee, which will help it boost shareholder returns, as it announced a new £20 million ($27.4 million) share buyback program.
Real estate company Aroundtown rolled out a share repurchase program on Monday of up to €250 million ($296 million) in a move expected to lower its share capital.
Ropes & Gray LLP said Monday that it has launched an antitrust and foreign direct investment practice in Italy and has hired a counsel for its new office in Milan.
