The world's largest asset management firm has committed to acquiring the New York-based private credit firm in an all-stock deal, giving itself a massive foothold in one of the hottest investments on Wall Street.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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BlackRock agrees to buy HPS Investment Partners for $12B
The world's largest asset management firm has committed to acquiring the New York-based private credit firm in an all-stock deal, giving itself a massive foothold in one of the hottest investments on Wall Street.Read here
Leveraged loan market’s $56B-day breaks record
Borrowers stormed the market after the Thanksgiving holiday driven by 40 companies, including Jane Street Group and Discovery Energy Holding, shattering a $34 billion record set two weeks ago.Read here
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GM recoups $1B from LG in EV battery stake sale
The American car maker is selling its share in a Michigan battery factory to its South Korean partner, as both conglomerates plan to jointly develop prismatic cells, a move away from relying on pouch cells.Read here
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Apollo eyes $50T energy transition opportunity
The New York-based alternative investment firm predicts an “industrial renaissance” tied to the energy transition, estimating a massive investment opportunity over the coming decades.Read here
Castle Water to offer $5.1B to help save Thames Water
The British water retailer will offer to inject fresh funds into the UK’s largest water services company to aid the beleaguered utility from administration. Read here
$3.32B Blackrock-Preqin deal under UK review
Britain's competition regulator is considering whether the New York-based asset management firm’s acquisition of the UK data firm would raise concerns. Read here
Total said to be near $2.1B deal to buy VSB Group
The French energy company are in advanced talks to acquire the German renewable energy company from private equity firm Partners Group Holding. Read here
Worldline attracts interest from private equity firms
The French payments group has attracted early-stage takeover interest from buyout companies amid a falling share price, profit warnings, and leadership change.Read here
