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INA draws $20bn in co-investments. (FS)
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EU antitrust regulators will decide by November 8 whether to clear 微软 's proposed $69bn acquisition of video game holding company? Activision Blizzard ,?Reuters?reported.
"The European Commission's review of the deal is progressing in line with the expected regulatory schedule and process, and we remain confident that the acquisition will close in fiscal year 2023," Microsoft.
Activision Blizzard is advised by Allen & Company LLC. , 摩根士丹利 , Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by? Kenton King ), 博然思维集团 and Sard Verbinnen & Co (led by? Paul Verbinnen ). Financial advisors are advised by White & Case LLP (led by?Denise Cerasani). Microsoft is advised by 高盛 (led by? Sam Britton ), Osler, Hoskin & Harcourt LLP , Sidley Austin LLP , Simpson Thacher & Bartlett LLP (led by? Alan M. Klein ,? Anthony Vernace ?and? William Allen ), Weil, Gotshal & Manges LLP (led by? Michael Moiseyev ) and Assembly Media, Inc .
Vista Equity Partners and Evergreen Coast Capital, two investment firms, completed the acquisition of Citrix , a cloud computing company, for $16.5bn.
"The combined company is well positioned for long-term success, leveraging the individual strengths of both Citrix and TIBCO, each established industry leader. We are pleased to partner with all our valued employees and partners to realize the immense potential of the combined company going forward," David Kerko, Elliott Head of North American Private Equity and Isaac Kim , Evergreen Senior Managing Director.
Citrix was advised by Qatalyst Partners , Goodwin (led by? Lisa Haddad ?and? Stuart Cable ) and Joele Frank . Qatalyst Partners was advised by Wilson Sonsini Goodrich & Rosati (led by? Marty K. ?and? Douglas Schnell ). Evergreen was advised by 美国银行 , Barclays , 花旗 , 瑞信 , 高盛 , Lazard , 瑞穗实业银行 , 摩根士丹利 , AZB & Partners (led by? Ashwath Rau ),? Debevoise & Plimpton (led by? Ryan Rafferty ?and? Jeff Ross ),? Gibson Dunn (led by? Richard Birns ) and Kinstellar (led by? Jan Juroska ). Financial advisors were advised by Davis Polk & Wardwell LLP . Vista was advised by Kirkland & Ellis (led by? David Klein ) and Machado Meyer Advogados (led by? Maria Eugênia Novis ).
RWE , an international provider of renewable energy, agreed to acquire Con Edison Clean Energy Businesses , a?renewable energy company, from Con Edison , an investor-owned energy-delivery company, for $6.8bn.?
"The acquisition of Con Edison Clean Energy Businesses is a major boost for RWE's green expansion in the United States, one of the most attractive and fastest growing markets for renewable energy. The unique combination of complementary portfolios in onshore wind, solar and batteries creates one of the leading renewable companies in the US market. The combined development pipeline, one of the largest in the US, provides tremendous opportunities for sustainable and value accretive growth, backed by a strong financial position. I am very pleased to welcome about 500 new colleagues. Together, we will form a powerful RWE team, strongly committed to contribute to the global energy transition," Markus Krebber , RWE CEO.
Con Edison is advised by Barclays and Latham & Watkins .
Japan's LOGISTEED Europe B.V. had been informed by KKR that the private equity firm's $6bn tender offer for it would be delayed from the initially planned end-September start,?Reuters?reported.
KKR would now aim for a mid-November start pending regulatory approval and other processes.
Hitachi is advised by 摩根士丹利 , 瑞银集团 and Nishimura & Asahi (led by? Shiga Yuji ). KKR is advised by 美国银行 , 三井住友银行 , Mori Hamada & Matsumoto (led by? Tomohiro Tsuchiya ), Simpson Thacher & Bartlett LLP (led by? Ian Ho ), Finsbury Glover Hering (led by? Deborah Hayden ) and Sard Verbinnen & Co (led by? Ronald Low ?and? Genevieve White ).
INA draws $20bn in co-investments. (FS)
Indonesia Investment Authority (INA) , Indonesia's sovereign wealth fund has garnered more than $20bn of co-investments from funds including Singapore's GIC and Abu Dhabi Investment Authority, and is actively looking at infrastructure assets,?Reuters?reported.?
Indonesia's youthful population, abundant natural resources and its position as the region's largest economy is attractive to investors but poor infrastructure, red tape and corruption have hindered investments.
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