Private equity firm Ember Infrastructure Management LP said Wednesday that it has agreed to acquire Ashtead Technology for approximately £505 million ($676.2 million) in a deal that will pull the undersea equipment rental company from the London Stock Exchange.
Private equity firm Ember Infrastructure Management LP said Wednesday that it has agreed to acquire Ashtead Technology for approximately £505 million ($676.2 million) in a deal that will pull the undersea equipment rental company from the London Stock Exchange.
Freshfields-led Mobico said Wednesday that Spanish public transport operator Autobuses de León SL has made a £282 million ($378 million) approach, in a proposed offer that the National Express owner said it may recommend to its shareholders.
The U.K.'s antitrust regulator called Wednesday for comments on how a car-hire company's £85.6 million ($115 million) acquisition of the specialist vehicle and fleet subsidiary of Paragon Banking Group might harm competition in Britain.
The Canada Pension Plan Investment Board and OMERS Infrastructure have agreed to sell their stakes in Associated British Ports to a fund managed by IFM Investors in order to exit a long-held investment, the companies said Wednesday.
U.K. financial services group Tavistock said Wednesday it has agreed to sell a subsidiary for £3 million ($4 million) and has entered exclusive negotiations over another disposal, as the group continues to refocus its operations.
Private markets investor Pantheon revealed Wednesday that it clinched its latest private equity secondaries fund with $6 billion of capital commitments.
Outsourcer Mitie Group confirmed Wednesday that the European Commission has approved its takeover by rival OCS Group in a cash transaction that values the company at £3.1 billion ($4.2 billion).
Standard Life said it has wrapped up a £275 million ($368.4 million) buy-in transaction with a pension program that is backed by U.K. waste management and recycling company Biffa, securing benefits for 3,070 members.
Paul Weiss Rifkind Wharton & Garrison LLP has hired two more lawyers from Weil Gotshal & Manges LLP to strengthen its London private equity practice, the latest in a string of departures from the Wall Street law firm as merger rumors swirl.
