Private Equity Law360 provides breaking news and analysis on private equity deals and the attorneys involved. Coverage includes high-impact deals, related litigation and enforcement actions, and policy developments that affect private equity firms.
TPG Pace Holdings Corp., a blank check company backed by private equity firm TPG and led by Hotwire.com founder Karl Peterson, priced a $400 million initial public offering on Tuesday, raising money to pursue an acquisition potentially in the technology, media or business service industries.
A French, private equity-backed medical diagnostic equipment manufacturer could sell for €2 billion or more, KKR will rake in £1.4 billion through the sale of its stake in a Norwegian software company, and Halliburton has its eye on a U.S. oilfield equipment supplier backed by billionaire George Kaiser.
Greenberg Traurig LLP has added an attorney to its global real estate practice from Ropes & Gray LLP who brings 14 years of experience counseling institutional investors, funds and private equity firms on a wide range of complex real estate transactions.
Private equity giant the Blackstone Group LLP said Wednesday that it has offered to buy Croesus Retail Trust, a real estate investment trust listed on the Singapore stock exchange, in a deal worth 900.6 million Singapore dollars ($651.2 million).
Toshiba told a Tokyo court that its joint venture partner, California-based Western Digital, is overstating its consent right to the Japanese company’s anticipated memory business divestiture in an effort to derail the roughly 2 trillion yen ($17.9 billion) transaction, calling the behavior anti-competitive, according to a Wednesday statement.