Canada Pension Plan Investment Board and U.S. digital infrastructure company Equinix said Friday that they will buy atNorth for $4 billion from Swiss private equity shop Partners Group in order to grow the Nordic data center operator's capabilities in areas such as artificial intelligence and cloud infrastructure.
Canada Pension Plan Investment Board and U.S. digital infrastructure company Equinix said Friday that they will buy atNorth for $4 billion from Swiss private equity shop Partners Group in order to grow the Nordic data center operator's capabilities in areas such as artificial intelligence and cloud infrastructure.
Impax Environmental Markets PLC said Friday it has been forced to scrap a planned exit offer for investors after activist stakeholder Saba Capital Management LP failed to meet a crucial condition of the proposal.
Activist investor Elliott Advisors said Friday that it still wanted to see the owner of the London Stock Exchange improve its financial performance despite the company's move to pay back shareholders, confirming that it had taken a "significant stake" in the business.
Aerospace engineering company Senior PLC said Friday that it is in discussions to be sold to interested parties including private equity firm Advent International after rejecting preliminary bids from a different bidder earlier this year.
Renewable energy investor ThomasLloyd said Friday that it has agreed to merge with a special purpose acquisition company, which will allow it to be listed on the Nasdaq stock market at a valuation of $850 million.
Capital Tankers Corp. said Friday it has raised the Norwegian kroner equivalent of approximately $500 million in a heavily subscribed share sale as it looks to list in Norway.
British Airways owner IAG confirmed on Friday that it will roll out a new €1.5 billion ($1.8 billion) capital returns program to reward investors, starting with a share buyback program of up to €500 million in early March.
A company owned by former Premier League footballer Scott McTominay has sued a U.K. mortgage broker for £2 million ($2.7 million), accusing it of misusing a loan and reneging on a settlement over a Portuguese property development.
This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.
In this week's Taxation With Representation, French electric utility Engie acquires UK Power Networks, Gilead Sciences Inc. buys clinical-stage biotechnology company Arcellx Inc., and The Brink's Co. acquires NCR Atleos in a deal that unites two major companies in the ATM business.
