The California-based alternative asset management firm is working with investment bank Jefferies on a potential sale of the New York-headquartered fitness center.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: SR1JJ
TPG explores $1.5B-plus sale of gym chain Crunch Fitness
The California-based alternative asset management firm is working with investment bank Jefferies on a potential sale of the New York-headquartered fitness center.Read here
BlackRock eyes private credit growth with HPS
The world’s largest asset manager seeks to expand in the red-hot market of lending to companies by institutions other than banks with its $12 billion acquisition of HPS Investment Partners.Read here
PHOTO: CHRISTOPHER MICHEL300
Abingworth launches $1.5B clinical trials fund
The life sciences investment firm backed by Washington, DC-based private investment major Carlyle is seeking to raise capital for a new fund aimed at financing late-stage clinical trials, according to the FT.Read here
PHOTO: ABINGWORTH
Valley National sells $1B of loans to Brookfield
The New Jersey-based financial services company offloaded nearly $1 billion of performing property loans at a discount of about 1% to par value to the Canadian alternative asset management company.Read here
The Italian media company has asked a group of banks for a loan to cover any financing it may need related to its plans for Germany's ProSiebensat.1. Read here
Total agrees to buy green energy firm VSB for $1.6B
The French oil and gas company has reached a deal to acquire the German renewable project developer from private equity firm Partners Group Holding. Read here
General Atlantic to buy British firm LTG for $1B
The private equity firm has struck a deal to acquire Learning Technologies Group, betting on rising training requirements for large corporations as they adapt to AI. Read here
Aramco, SLB, Linde plan carbon capture project
The Saudi oil giant, the top oilfield services firm, and the world's largest industrial gases company have agreed to build a CO2 sequestration and storage project.Read here