In a significant move to bolster its presence in a high-growth market, Deutsche Bank has injected €571 million into its India operations. The capital infusion, which stands as one of Deutsche Bank’s largest bets in Asia, is aimed at enhancing the bank’s capabilities to meet growing client demands in India. This strategic investment underscores Deutsche […]
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 […]
International Game Technology PLC (NYSE: IGT) and Everi Holdings Inc. (NYSE: EVRI) have announced a monumental deal that will see both companies acquired by a newly formed holding company, funded by affiliates of Apollo Global Management, Inc. (NYSE: APO). Valued at approximately $6.3 billion, the all-cash transaction will integrate International Game Technology’s Gaming & Digital […]
In a significant development for the Australian property sector, Arena REIT Group has revealed plans for substantial acquisitions and a strategic capital raise. The company has outlined its intentions to invest AUD 92 million in new social infrastructure properties, including a mix of Early Learning Centre (ELC) acquisitions and developments. This move is part of […]
Link Administration Holdings Limited (Link Group), an Australian fintech company, said that has received a sweetened takeover offer of AUD 5.38 ($3.98) per share or AUD 2.88 billion ($2.13 billion) from the Carlyle Group. The conditional, non-binding indicative proposal has been issued by Carlyle Asia Partners V, L.P., an investment fund managed and advised by […]
Ørsted said that the installation of the final turbine of the 120MW Formosa 1 offshore wind farm phase 2 in Taiwan has been completed. The Formosa 1 offshore wind project, which is the commercial-scale offshore wind farm in Taiwan, comprises 20 wind turbines, each of 6MW capacity. The Taiwanese offshore wind farm will be able […]
Jan De Nul Group has wrapped up the installation of all the 20 foundations for the second phase of the 120MW Formosa 1 offshore wind farm off the coast of Taiwan. The Formosa 1 offshore wind project is owned by Formosa I Wind Power, a partnership between Orsted (35%), Macquarie Capital (25%), JERA (32.5%), and […]
Danish energy company Ørsted and its partners have generated first power from the second phase of the 128MW Formosa 1 offshore wind farm located in Taiwanese waters. The second phase of the Formosa 1 project will feature 20 turbines delivered by Siemens Gamesa, which will have a combined capacity of 120MW. Each of the turbines […]