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Gallatin closes fund II above target at $1.6bn. (FS)
Manchester United tanks on report Glazers may avoid sale with new investment.
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达飞轮船 , a French container transportation and shipping company, offered to acquire 波洛莱物流 , the transport and logistics business unit, from Bolloré, a?transportation company, for $5.5bn.
"The negotiations were in line with its long-term strategy, based on the two pillars of shipping and logistics. If a deal is reached, the acquisition would further strengthen the CMA CGM Group logistics activities," CMA CGM.
荷商葛蘭素史克藥廠 , a global healthcare company, agreed to acquire Bellus Health , a biopharmaceutical company, for $2bn.
“This acquisition recognises the value of our highly selective P2X3 antagonist camlipixant and validates the hard work and dedication of all the BELLUS employees in advancing camlipixant to date. As a leader in respiratory research for over five decades, GSK shares our commitment to bettering the lives of individuals suffering from a persistent cough and is the ideal Company to rapidly bring camlipixant to the millions suffering from refractory chronic cough around the world,” Roberto Bellini, BELLUS CEO.
BELLUS Health is advised by Centerview Partners , Davies Ward Phillips & Vineberg LLP and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by Graham Robinson and Faiz Ahmad ). GSK is advised by PJT Partners , Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by Krishna Veeraraghavan and Benjamin Goodchild )?and Stikeman Elliott LLP .
Mohari Hospitality, an investment firm focused on the luxury lifestyle, agreed to acquire Tao Group Hospitality , a company specializing in restaurants, nightlife, and entertainment, from Madison Square Garden Entertainment Corp. , an entertainment holding company, for $550m.
"Tao Group has grown from an innovator in nightlife to a leader in premium lifestyle and hospitality. Its global footprint of more than 80 branded locations in over 20 markets and best-in-class management infrastructure speaks to the Group's tremendous potential. We look forward to working with Noah Tepperberg, Jason Strauss and the rest of the dynamic management team to continue growing Tao Group's business," J. Allen Smith, Mohari Managing Partner.
Tao Group is advised by 安永 , 高盛 and Hughes Hubbard & Reed LLP . Mohari is advised by 德勤 , Moelis & Company , Kirkland & Ellis (led by Allison Wein and David Klein ), and KWT Global .
Gallatin closes fund II above target at $1.6bn. (FS)
Gallatin Point Capital LLC closed its second fund Gallatin Point Capital Partners II with $1.6bn in capital commitments split between the fund and associated separately managed accounts, exceeding the initial target of $1.5bn.?
Gallatin says the fund received strong support from existing LPs and has further diversified its investor base with capital from new institutional investors in the US, Europe and the Middle East, including sovereign wealth and public pension funds, foundations, endowments, and family offices.?
Gallatin Point Capital was advised by Atlantic-Pacific Capital .
Manchester United tanks on report Glazers may avoid sale with new investment.
Shares of Manchester United fell 13% after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club, Reuters reported.
The English soccer club's stock fell to $18.91, its lowest since late November, when the Glazers had started weighing options including new investment or a potential sale for the 20-time English champions that they bought 17 years ago for $977m.
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