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Boeing offers to buy Spirit Aero for $35/shr.
UniCredit competing with OTP to buy Blackstone’s Luminor. (FS)
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Nidar Infrastructure, a data center provider for artificial intelligence and high-performance compute, agreed to go public via a SPAC merger with Cartica , a blank check company, in a $2.75bn deal.
"Through its Yotta data centers, Nidar is India's leading data center provider for AI and high-performance compute. Yotta designs, builds and operates Tier III and IV data centers in India, which offer both colocation and hyperscale services and cloud and managed services. With our priority access to industry-leading GPUs through our partnership with the world's leader in high-performance compute, together with the added ability to access US capital markets, Yotta is poised to capture long-lasting demand from cloud infrastructure and AI," Sunil Gupta, Nidar CEO and Co-Founder.
Nidar is advised by GLC Advisors & Co., LLC , Allen & Overy , SNG & Partners and Shearman & Sterling LLP (led by Alain Dermarkar ). Cartica is advised by BitOoda Technologies, Imperial Capital, LLC , Appleby , Khaitan & Co and Morrison Foerster .
Vista Outdoor Inc. and Czechoslovak Group said on June 25 that they had received regulatory approval from an interagency committee of the United States government for the proposed sale of Vista's sporting products and ammunition business to the Prague-based defense firm, Reuters reported.
The clearance from the Committee on Foreign Investment in the United States?was the final regulatory approval required under the merger agreement with CSG for the closing of the sale.
Czechoslovak Group is advised by J.P. 摩根 and Clifford Chance . Vista Outdoor is advised by Moelis & Company , 摩根士丹利 and Cravath, Swaine & Moore LLP (led by Aaron Gruber ), Gibson Dunn (led by Jonathan Layne ) and Joele Frank (led by Matthew Sherman ).
KKR , a private equity firm, completed the acquisition of a portfolio of 18 multifamily assets from Quarterra Group , a management, development, construction, and investment company that provides rental services, for $2.1bn.
"Quarterra is known for their high-quality assets and we are thrilled to be working with them on this transaction. We like the fundamentals in this sector. This portfolio serves high-growth metropolitan areas across the country, where new supply will slow down significantly looking out beyond the next couple years. We are excited to invest in this portfolio,” Daniel Rudin, KKR Managing Director.
KKR is advised by Gibson Dunn . Quarterra is advised by 仲量联行 and Troutman Pepper .?
Boeing offers to buy Spirit Aero for $35/shr.
Boeing has offered to acquire Spirit AeroSystems in a deal funded mostly by stock that values its 737 fuselage supplier at about $35 per share, Bloomberg?reported.?
That offer is worth about $4.08bn, based on Spirit's outstanding shares as of May 7. The per-share offer represents a premium of nearly 6% over Spirit's stock closing price on June 24 and a 22.4% upside to its closing price on February 29, the day before Boeing's takeover talks became public.
UniCredit competing with OTP to buy Blackstone’s Luminor. (FS)
UniCredit has submitted a bid for Luminor and is now competing with Hungary’s largest lender, OTP Bank Magyarország , to acquire the Baltic bank, Bloomberg reported.?
Tallinn, Estonia-based Luminor Group is owned by Blackstone , which started a sales process for the lender earlier this year. Blackstone has been seeking about 1.2 times book value in an exit. Luminor had about €1.8bn ($1.9bn) of equity on its balance sheet at the end of December.?
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