Keywords: Private equity


Investors compete for Jardines’ KFC and Pizza Hut operations in Asia

Several major investors and food industry groups are reportedly competing to acquire the Asian restaurant business operated by Jardine Matheson, which manages KFC and Pizza Hut franchises across multiple Asian markets. Among the companies interested in the potential deal are The Carlyle Group and Yum......

OpenAI launches a $10 billion joint venture to embed AI in private equity firms

OpenAI has finalized a joint venture valued at $10 billion, raising more than $4 billion from 19 investors in what represents the company's most aggressive move yet to embed its artificial intelligence technology directly inside large enterprises ahead of an anticipated public offering. The entity,......

Thermo Fisher to sell microbiology business to Astorg for over $1 billion

Thermo Fisher Scientific has announced plans to sell its microbiology business to private equity firm Astorg in a deal valued at approximately $1.08 billion. The transaction reflects a broader trend of strategic portfolio reshaping within the global healthcare and life sciences industry. The agreement......

OpenAI plans $1.5 billion investment in enterprise AI joint venture

OpenAI is preparing to invest up to $1.5 billion in a new joint venture with private equity firms, aiming to accelerate the adoption of artificial intelligence tools across large US companies. The initiative reflects intensifying competition among AI developers to secure enterprise clients and generate......

Boots owners hire consultants for overhaul ahead of possible London ipo in 2027

The owners of British pharmacy chain Boots are reportedly working with external consultants on a strategic overhaul as they prepare for a possible initial public offering (IPO) in London, which could take place as early as 2027, according to people familiar with the matter. Boots, which is owned by......

Eqt relaunches sale of ginko with billion-dollar valuation target

Global investment firm EQT AB has resumed efforts to sell the mainland China operations of contact lens manufacturer Ginko International, with a target valuation of at least $1 billion, according to sources familiar with the matter. The move comes after a previous agreement to sell the business to U.S.-based......

Innoflex Group raises 200 million MAD to boost regional expansion

Innoflex Group, a leading Moroccan producer of polyurethane foam and mattresses, has secured a major financing round worth 200 million Moroccan dirhams (MAD) to accelerate its regional growth strategy. The investment was completed in partnership with CDG Invest Growth, marking a significant step in......

Arcline withdraws from bid for senior as takeover interest continues

Private equity firm Arcline Investment Management has stepped back from its bid to acquire British aerospace and defense supplier Senior Plc, narrowing the list of potential buyers. Despite this withdrawal, interest in the company remains strong, with other investors continuing negotiations. Senior......

Africa Feed & Food raises 850 million dirhams in minority stake deal with RMBV and Proparco

Africa Feed & Food has announced the signing of an investment agreement with RNAF III, a North African fund managed by RMBV, and Proparco, the private sector arm of the Agence Française de Développement. The deal involves a joint minority stake acquisition worth 850 million dirhams......