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reuters.com 23 hours, 35 minutes ago

Exclusive: Buyout Firm Apollo Global In $5B Bid For Tech Data - Sources

Private equity firm Apollo Global Management LLC has approached Tech Data Corp with an offer to acquire the U.S. information technology equipment distributor for close to $5 billion, people familiar with the matter said on Tuesday.
Read by 58% of LPs

in.reuters.com October 15, 2019

Exclusive: Buyout Firm Apollo Global In $5B Bid For Tech Data - Sources

Private equity firm Apollo Global Management LLC has approached Tech Data Corp with an offer to acquire the U.S. information technology equipment distributor for close to $5 billion, people familiar with the matter said on Tuesday.
Read by 53% of LPs

bloomberg.com October 14, 2019

Sophos Becomes Latest U.k. Tech Target In $3.8B Deal

Private equity firm Thoma Bravo agreed to buy Sophos Group Plc for $3.8 billion, taking the British cybersecurity firm private in the biggest takeover of a U.K. technology firm this year. Thoma Bravo will pay $7.40 a share in cash, or 583 pence per share, representing a premium of 37.1% to its last closing price, the buyout firm said in a statement Monday. Shares jumped as much as 38% in London on Monday and traded at 576 pence at 10:34 a.m.
Read by 47% of LPs

dealstreetasia.com October 10, 2019

Japan's Takeda Nears Russia, Mideast Asset Sale To Pe Firms

Takeda is also seeking to sell other over-the-counter and prescription-drug businesses in Latin America, Asia and western Europe. The post Japan's Takeda nears Russia, Mideast asset sale to PE firms appeared first on DealStreetAsia.
Read by 72% of LPs

finextra.com October 08, 2019

Ids Acquired By Thoma Bravo

Thoma Bravo, a leading software-focused private equity investment firm, announced today that it has...: Thoma Bravo, a leading software-focused private equity investment firm, announced today that it has acquired majority ownership in IDS, a leading provider of asset finance software solutions, from its current owner, SV Investment Partners. Nicholas E. Somers, Chairman of SV Investment Partners, said "Having partnered with IDS since 2003 we are immensely proud of its achievements under our ownership and of the benefits enjoyed today by customers of the market-leading IDS solutions.
Read by 75% of LPs

finextra.com October 08, 2019

Ids Acquired B Thoma Bravo

Thoma Bravo, a leading software-focused private equity investment firm, announced today that it has...: Thoma Bravo, a leading software-focused private equity investment firm, announced today that it has acquired majority ownership in IDS, a leading provider of asset finance software solutions, from its current owner, SV Investment Partners. Nicholas E. Somers, Chairman of SV Investment Partners, said "Having partnered with IDS since 2003 we are immensely proud of its achievements under our ownership and of the benefits enjoyed today by customers of the market-leading IDS solutions.
Read by 32% of LPs

channelnewsasia.com October 08, 2019

Blackstone, Kirkbi Launch Sale Of Insulation Maker Armacell: Sources - Cna

Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro (US$1.43-US$1.65 billion) deal, people close to the matter said.
Read by 50% of LPs

straitstimes.com October 07, 2019

Propertyguru To Raise $338M In Australia Ipo, Companies & Markets News & Top Stories - The Straits Times

October 07, 2019 12:29 PMSINGAPORE - South-east Asian real estate portal PropertyGuru, which counts buyout firms TPG Capital and KKR among its backers, has announced its intention to list on the Australian Securities Exchange (ASX), which will fund potential expansion plans such as an online mortgage marketplace and data offerings.
Read by 63% of LPs

bloomberg.com October 03, 2019

Vanguard To Challenge Banks' Grip On $6T Currency Market

The investing pioneer obsessed with lowering costs is testing a new way for asset managers to trade currencies and avoid big investment banks, according to a person familiar with the matter. The platform, based on the blockchain technology that powers Bitcoin, has been operational for two months and has handled some trades, said the person, asking not to be named because the project is private. If successful, the venture could shift power in the $6 trillion a day currency market that banks such as JPMorgan Chase & Co. and Deutsche Bank AG have ruled for decades.
Read by 31% of LPs

reuters.com September 27, 2019

Austria's Ams Lights Up Osram Bidding War With New $4.9B Offer

* AMS says now owns 15% of Osram shares, biggest shareholder (Adds AMS update on Osram holding): VIENNA (Reuters) - Austrian sensor maker AMS (AMS.S) raised its takeover offer for Osram (OSRn.DE) to 4.5 billion euros ($4.9 billion) on Friday, ratcheting up the pressure on a private equity consortium also vying to buy the German lighting group. Osram, which is larger than AMS and a leader in automotive lighting, said on Wednesday that buyout firms Bain and Advent were prepared to offer "meaningfully" more than the Austrian firm's bid, which was then 38.50 euros a share.
Read by 59% of LPs