Blackstone Group Inc and CVC Capital Partners are holding independent talks with Italy’s Serie A soccer league, with both private equity firms keen to investment in the league. CVC is in talks to purchase a 20% stake for $2.17 billion (2 billion euros), which values the league at 10 billion euros, said the Financial Times…
Apollo Global Management, a private equity firm, stated it has raised its bid to take Tech Data, a U.S. information technology equipment distributor, private in a deal valued at around $6 billion. Excluding debt, the deal is valued at nearly $5.14 billion, up from a previous offer of $4.77 billion. Following Apollo Global Management’s new…
The bidding for the sale is set to begin from September with expected proceeds in the range of hundreds of millions. A Japanese business daily has reported, Fujitsu Ltd is looking at options to divest its mobile operations in the face of fierce competition from bigger rivals. Last February, Fujitsu spun off its mobile phone…
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