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Stellantis to sell Turkey distribution business to partner Tofas for $425m.?
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微软 's offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69bn acquisition of an American game publisher Activision , helping it to clear a major hurdle,?Reuters?reported.
Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent and Sony, in the booming videogaming market and to venture in the metaverse which is virtual online worlds where people can work, play and socialise.
Activision is advised by Allen & Company LLC. (led by? Nancy Peretsman ), 摩根士丹利 (led by? Anthony Armstrong ), Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by? Kenton King ?and? Sonia Nijjar ), 博然思维集团 (led by? Jonathan Doorley ) and FGS Global (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 .?
EQT Group , an investment organization, and Public Sector Pension Investment Board, a pension investment manager, agreed to acquire Radius Global Infrastructure , an aggregator of rental streams underlying wireless communications, for $3bn.
“This transaction is both an exciting next step for Radius and a great outcome for shareholders as it provides compelling value. Partnering in a private capital context with EQT and PSP, both of which have significant expertise in communications infrastructure, will enable Radius to accelerate origination activity and further invest in both geographic expansion and adjacent asset opportunities. I want to thank the incredible Radius team for their commitment and success in building the platform we have today," Bill Berkman, Radius Co-Chairman and CEO.
Radius Global is advised by Barclays , 花旗 , 高盛 , Cravath, Swaine & Moore LLP , Morris, Nichols, Arsht & Tunnell LLP and FGS Global (led by? George Manolis ). PSP is advised by Evercore and Weil, Gotshal & Manges LLP (led by? Ackneil M. Muldrow, III (Trey) ?and? Jenna McBain ). EQT is advised by 摩根士丹利 and Simpson Thacher & Bartlett LLP .
Desjardins , a financial services provider, completed the acquisition of the life insurance, mutual fund and investment distribution networks from? Guardian Capital Group , a provider of investment management services, for $555m.
"This acquisition strengthens Desjardins in the important life insurance and wealth management sectors across Canada. On the insurance side, it extends our market reach and positions us as a leader in life insurance independent distribution in Canada. On the financial advisory side, the mutual fund and securities dealers will enhance and strengthen our distribution of retail investment products. With this added bench strength, Desjardins will be able to serve more Canadians and achieve critical mass to generate the financial flexibility to innovate and invest to better meet the needs of our members, clients and advisors," Guy Cormier, Desjardins Group President and CEO.
Desjardins Group was advised by Desjardins and Stikeman Elliott LLP (led by? Julien Michaud ?and? Maxime Turcotte ). Guardian Capital Group was advised by BMO Capital Markets , Borden Ladner Gervais LLP (BLG) (led by? Carlos Cerqueira ?and? Andrew McLean ) and KPMG .
GQG Partners , an asset management firm, completed a $1.87bn investment in Adani Group , a multinational conglomerate.
“I am excited to have initiated positions in the Adani companies. Adani companies own and operate some of the largest and most important infrastructure assets throughout India and around the world. Gautam Adani is widely regarded as among the best entrepreneurs of his generation. We believe that the long-term growth prospects for these companies are substantial, and we are pleased to be investing in companies that will help advance India’s economy and energy infrastructure, including their energy transition over the long-run," Rajiv Jain, GQG Partners Chairman and CIO.
Adani was advised by Jefferies . GQG Partners was advised by Sitrick And Company (led by? Michael Sitrick ).
Stellantis to sell Turkey distribution business to partner Tofas for $425m.?
Stellantis agreed to sell its distribution business in Turkey to its local partner for $425m to help bundle vehicle sales and services in the country.
Under a new strategic agreement entered, TOFA? Türk Otomobil Fabrikas? A.?. will acquire the entire share capital of Stellantis Otomotiv Pazarlama, the Stellantis Türkiye distribution company. As a result, all Stellantis brands available for distribution in Türkiye,?Bloomberg?reported.
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