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.
With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days helmed by firms such as Latham & Watkins LLP and Simpson Thacher & Bartlett LLP. Here, Law360 recaps the ones you might have missed.
Indian mobile payment platform Paytm has received a $1.87 billion investment from SoftBank, multiple suitors have placed bids for Singaporean wireless operator M1 and BASF will not pursue an acquisition of Akzo Nobel's chemical business.
Hotel operator Extended Stay America Inc. said Friday that its private equity backers are again selling down their position in the company and its real estate investment trust subsidiary, this time unloading $520.5 million worth of stock in a secondary offering.
Five firms will steer six initial public offerings projected to raise more than $1.7 billion during the first week of May, including two energy issuers, three biotech companies and a private equity-backed real estate finance company, extending the IPO market's second-quarter momentum.
London-based private equity shop CVC Capital Partners said it would buy an 80 percent stake in family-owned Swiss watchmaker Breitling SA on Friday, with an eye on expanding the company’s reach into different regions.