Kolte-Patil Developers Ltd., a prominent real estate firm headquartered in Pune, with operations extending into Mumbai and Bengaluru, has reported a stellar second quarter for FY25. The company’s un-audited results for the half-year ended 30 September 2024 reveal a record-breaking performance in pre-sales and collections, marking a significant milestone in its growth trajectory despite some […]
Thomson Reuters (TSX/NYSE: TRI), a prominent global content and technology enterprise, has announced the execution of a definitive agreement to divest its FindLaw business to Internet Brands, an integrated online media and software services company specializing in high-value vertical markets, particularly in the Health and Legal sectors. This transaction marks a significant shift in Thomson […]
In a landmark deal, Axel Springer, owner of Politico and Bild, has agreed to a €13.5 billion split with private equity firm KKR, shaking up the European media sector. The move will divide Axel Springer’s profitable classifieds business from its media operations, allowing the company to focus on its digital news expansion, particularly in the […]
Pembina Pipeline Corporation has announced a landmark deal through its joint venture, Pembina Gas Infrastructure Inc., to acquire key midstream assets from Veren Inc., worth approximately $400 million CAD. This acquisition of four oil batteries located in Alberta’s prolific Gold Creek and Karr areas is expected to significantly expand Pembina’s midstream footprint and strengthen its […]
PropertyGuru Group Limited (NYSE: PGRU), Southeast Asia’s foremost property technology (PropTech) company, has announced it is set to be acquired by EQT Private Capital Asia, a branch of the global investment powerhouse EQT AB, in a substantial all-cash deal valued at approximately USD 1.1 billion. This significant move is poised to reshape the landscape of […]
In a major development for the clean energy sector, Avantus, a prominent U.S. developer of utility-scale solar and solar-plus-storage projects, has completed the acquisition of a majority equity interest by KKR, a leading global investment firm. This landmark deal, which sees KKR’s investment funds and accounts taking the helm, is set to transform the landscape […]
In a significant development for the education technology sector, Instructure Holdings, Inc., a leading global learning ecosystem provider, has announced it will be acquired by investment funds managed by KKR, a major global investment firm. The all-cash transaction is valued at approximately $4.8 billion, with KKR offering $23.6 per share, representing a 16 percent premium […]
T-Mobile (NASDAQ: TMUS), recognised as America’s leading 5G provider and fastest-growing fixed wireless broadband operator, has announced a landmark joint venture (JV) with global investment firm KKR (NYSE: KKR). This definitive agreement will see the acquisition of Metronet, including its extensive broadband infrastructure, rapidly expanding residential fiber operations, and existing customer base. As part of […]
In a significant development within the medical technology sector, KKR, a prominent global investment firm, has agreed to purchase a controlling stake in Healthium Medtech Ltd., an Indian leader in medical devices, from Apax Partners LLP, a global private equity advisory firm. This transaction, managed by a special purpose vehicle owned by KKR-managed funds, marks […]
In a significant transaction, KKR, the global investment firm, has announced definitive agreements to acquire Healthium Medtech Ltd. from an affiliate of Apax Partners LLP. Funds managed by KKR will purchase a controlling interest in Healthium, a leading Indian medical devices company. Financial details of the acquisition remain undisclosed, and the transaction is expected to […]