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China aircraft lessor CALC said to weigh $3bn asset sale.?
Walmart’s payments startup PhonePe seeks to raise $1bn. (FS)
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Keurig Dr Pepper Inc. , a manufacturer and distributor of coffee systems, agreed to invest $863m in Nutrabolt , an active global health and wellness company.
"This partnership represents a win-win transaction between our two companies. KDP gains significant presence in the rapidly growing performance energy drink market, and Nutrabolt gains access to a strategic investor with extensive sales and distribution capabilities to further accelerate its growth. We believe that bringing together the resources, talent, and expertise of both companies will accelerate innovation and growth and drive significant value creation over time," Bob Gamgort, KDP Chairman and CEO.
Keurig Dr Pepper is advised by Evercore and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by?Maxim Mayer-Cesiano?and? Sean Doyle ). Nutrabolt is advised by 高盛 , Jefferies , Giannuzzi Lewendon, LLP , Goodwin and Kirkland & Ellis .
Helios Towers , an independent telecommunications infrastructure company, completed the acquisition of the 2890 sites from Omantel , the largest mobile network operator in Oman, for $575m.
"This move also allows the monetization of our towers at attractive valuation levels, de-lever our balance sheet, and will accelerate network development in next-generation advanced technologies while enabling management to focus on innovation and product development while outsourcing non-core infrastructure management to a world-class infrastructure management firm - Helios Towers. We are excited to enter into this transaction and long-term strategic partnership with Helios Towers, who have impressed us with their high level of expertise, interest, and partnership credentials," Talal Said Al Mamari, Omantel CEO.
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Helios Towers was advised by 年利达 , Vinson & Elkins (led by? Robert Dixon ) and FTI Consulting (led by? Edward Bridges ?and? Stephanie Ellis ). Omantel was advised by 安永 , 花旗 , Al Busaidy Mansoor Jamal & Co , 富而德律师事务所 and Hardiman Telecommunications Ltd. .?
Modulex Modular Buildings Plc , a manufacturer of modular buildings, agreed to go public via a SPAC merger with PHP Ventures Acquisition in a $682m deal.
“This transaction highlights the immense value investors see in Modulex when comparing our numbers with those of our competitors in the global construction technology markets. We have both a solid foundation and a clear roadmap to expand our model. This transaction will propel us to take our British offsite steel modular building technology global to cater to rising demand in growth markets such as India and other BRICS and N11 nations and continue building our staff to further these efforts along," Suchit Punnose, Modulex CEO and Founder.
Modulex is advised by ARC Group , D. Boral Capital , Memery Crystal and RIMON LAW GROUP INC . PHP Ventures Acquisition is advised by Houlihan Capital , Nelson Mullins Riley & Scarborough and MZ Group (led by? Christopher I. Tyson ).
China aircraft lessor CALC said to weigh $3bn asset sale.?
中国飞机租赁集团 is considering selling some of its assets outside greater China that could raise about $3bn in a transaction.
The Hong Kong-listed company is looking to divest around 40 aircraft and approximately 180 aircraft production slots. CALC, as the company is known, has reached out to prospective buyers for the assets,?Bloomberg? reported.
Walmart’s payments startup PhonePe seeks to raise $1bn. (FS)
沃尔玛 -owned digital payments brand PhonePe is seeking to raise as much as $1bn from General Atlantic and existing investors including Tiger Global Management , Qatar Investment Authority and 微软 , even as global funding dries up for startups.
The all-equity round is expected to close in the next two weeks and may take PhonePe’s valuation close to $13bn. The valuation catapults PhonePe among India’s most valuable brands in a digital payments market forecast by Boston Consulting Group to triple in size to $10tn by 2026,?Bloomberg? reported.
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