The New York-based private equity firm offered around $5.1 billion for York Holdings, an entity due to be spun out of the Japanese owner of the 7-Eleven chain, while its Boston-based rival proposed around $8.4 billion.
View in browser
Cyndx Insights | Logo | EC

THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

    7-Eleven 700 Dinkun Chen

    PHOTO: DINKUN CHEN

    KKR and Bain each bid more than $5B for Seven & i assets 

    The New York-based private equity firm offered around $5.1 billion for York Holdings, an entity due to be spun out of the Japanese owner of the 7-Eleven chain, while its Boston-based rival proposed around $8.4 billion. Read here

      MetLife Investment buys PineBridge for $1.2B

      The asset management arm of US insurer giant MetLife has agreed to acquire the New York-based asset manager from Pacific Century Group, in a deal that excludes the firm’s private equity funds arm. Read here

      PHOTO: JOHN MURPHY

      MetLife_(2144873715)_John Murphy

      Blackstone, KKR, CVC hit by China’s IPO controls

      Major private equity firms have faced significant obstacles in selling or listing their portfolio companies, with Beijing’s tightening restrictions and a decelerating economy affecting capital access. Read here

      PHOTO: ENERGEPIC.COM

      business ENERGEPIC.COM

      DEALS ROUNDUP

      • Quantum ETF rakes in cash after computing breakthrough
      • Data center operator Yovole is said to be considering US IPO 
      • Salesforce stokes Veeva fight by snagging drug customers
      • Google is using Anthropic’s Claude to improve its Gemini AI
      • Nippon Steel’s US Steel bid has support in steelmaking areas

        INTERNATIONAL MARKETS

        Honda shares jump amid buyback over Nissan deal

        The Japanese carmaker’s shares climbed over 17%, the most since August, after it said it would repurchase up to $7 billion in shares by next December. Read here

        Taiwan blocks Uber’s bid for Delivery Hero unit

        The state’s antitrust regulator rejected the US ride-hailing services provider’s plan to buy the German online delivery company’s Foodpanda business for $950 million. Read here

        Happy Holidays!

        Wishing You All the Best in the Year Ahead!

         

        From the Team at Cyndx

        Cyndx-logo-Mark-White

        Join Our LinkedIn Community

        Questions? Please email us at marketing@cyndx.com. 

        Did a friend forward you this email? Subscribe here.

        Cyndx Networks LLC, 525 Okeechobee Blvd. #840, West Palm Beach, Florida 33401

        Unsubscribe Manage preferences