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1 week ago | 
financialpost.com | Dinesh Nair |Mitchell Ferman |Ruth David |Swetha Gopinath
Article content(Bloomberg) — BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds, according to people with knowledge of the matter. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.
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1 week ago | 
news.bloomberglaw.com | Dinesh Nair |Mitchell Ferman |Ruth David |Swetha Gopinath
BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds, according to people with knowledge of the matter. BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield Asset Management and Stonepeak Partners, the people said, asking not to be identified because discussions are private.
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1 week ago | 
flipboard.com | Dinesh Nair |Mitchell Ferman |Ruth David |Swetha Gopinath
8 hours ago The trade truces are undoubtedly bullish — but mask unresolved issues: Morning Brief This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: If investors have already glimpsed a preview of how the market can climb out of its funk — a reciprocal tariff pause — the start of the trading week was a reminder of what it will … 5 hours ago Railroad giant CEO: The economy isn't booming, but it's not in a recession Listen...
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1 week ago | 
bloomberg.com | Ruth David |Swetha Gopinath |Dinesh Nair
Buildings on the city skyline beside the River Seine in Paris, France, on Wednesday, July 24, 2024. After the Olympics, Air France — which is one of the event sponsors — expects travel to and from Paris to return to normal, with the summer games likely to spark renewed interest in the destination, it said.
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1 week ago | 
news.bloomberglaw.com | Ruth David |Swetha Gopinath |Dinesh Nair
Bridgepoint Group Plc is in talks to sell French broker Kereis to buyout firm Advent, adding to a wave of insurance deals in Europe as the industry consolidates. Advent is in exclusive negotiations for the acquisition, the companies said Wednesday in a statement confirming an earlier report by Bloomberg News. Terms of the potential deal weren’t disclosed. The price is more than €2 billion ($2.3 billion) including debt, according to people familiar with the matter.
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1 week ago | 
news.bloomberglaw.com | Ruth David |Swetha Gopinath |Dinesh Nair
Bridgepoint Group Plc is close to selling French insurance broker Kereis to Adventfor more than €2 billion ($2.3 billion) including debt, according to people familiar with the matter. The private equity firms are finalizing terms of a transaction, which could be announced as soon as Wednesday, said the people, who asked not to be identified because the information is private. Representatives for Bridgepoint and Advent declined to comment.
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2 weeks ago | 
news.bloombergtax.com | Pablo Mayo Cerqueiro |Swetha Gopinath |Vinicy Chan |Ruth David
Hellman & Friedman has selected Stockholm as the preferred venue for an initial public offering of security firm Verisure, according to people familiar with the matter. The US buyout giant has added Nordic lender DNB Carnegie as a joint global coordinator for the planned listing, the people said, asking not to be identified as the discussions are private. Goldman Sachs Group Inc. and Morgan Stanley are leading the lineup of advisers for the deal, Bloomberg News has reported.
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2 weeks ago | 
bloomberg.com | Pablo Mayo Cerqueiro |Swetha Gopinath |Vinicy Chan |Ruth David
The Nasdaq Swedish Stock Exchange in Stockholm. (Bloomberg) -- Hellman & Friedman has selected Stockholm as the preferred venue for an initial public offering of security firm Verisure, according to people familiar with the matter. The US buyout giant has added Nordic lender DNB Carnegie as a joint global coordinator for the planned listing, the people said, asking not to be identified as the discussions are private. Goldman Sachs Group Inc.
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2 weeks ago | 
news.bloomberglaw.com | Pablo Mayo Cerqueiro |Swetha Gopinath |Vinicy Chan |Ruth David
Hellman & Friedman has selected Stockholm as the preferred venue for an initial public offering of security firm Verisure, according to people familiar with the matter. The US buyout giant has added Nordic lender DNB Carnegie as a joint global coordinator for the planned listing, the people said, asking not to be identified as the discussions are private. Goldman Sachs Group Inc. and Morgan Stanley are leading the lineup of advisers for the deal, Bloomberg News has reported.
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2 weeks ago | 
bloomberg.com | Aaron Kirchfeld |Vinicy Chan |Dinesh Nair |Ruth David
Patrick Drahi(Bloomberg) -- Billionaire Patrick Drahi’s Altice France SA is considering the sale of a controlling stake in SFR amid buyer interest in a deal that could value the French mobile carrier at as much as €30 billion ($34 billion) including debt, according to people familiar with the matter. The company has sent information on SFR to potential buyers in recent weeks, the people said.
