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Blackstone nears $5bn Rogers investment. (FS)
Berkshire Partners announces close of Fund XI with approximately $7.8bn commitments. (FS)
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西门子 , a German multinational technology conglomerate, agreed to acquire Altair , an American information technology company, for $10.6bn.
“Acquiring Altair marks a significant milestone for Siemens. This strategic investment aligns with our commitment to accelerate the digital and sustainability transformations of our customers by combining the real and digital worlds. The addition of Altair’s capabilities in simulation, high performance computing, data science, and artificial intelligence together with Siemens Xcelerator will create the world's most complete AI-powered design and simulation portfolio,” Roland Busch, Siemens President and CEO.
Altair is advised by 花旗 , J.P. 摩根 , Davis Polk & Wardwell LLP (led by Alan F. Denenberg and Michael Gilson) and Lowenstein Sandler LLP .
ONEOK , a midstream service provider, completed the acquisition of a 43% stake in EnLink Midstream , an independent midstream energy services company, from Global Infrastructure Partners (GIP) , a private equity firm, for $3.3bn.
"Oneok has a longstanding reputation as being intentional in building a premier energy infrastructure company, and today's transactions further solidify that status by adding complementary assets that allow us to continue expanding and extending our value chain," Pierce H. Norton II, Oneok President and CEO.
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EnLink Midstream was advised by RBC Capital Markets . Oneok was advised by TPH&Co. , 高盛 , J.P. 摩根 , Perella Weinberg and Kirkland & Ellis . GIP was advised by Greenhill & Co. , Scotiabank , Latham & Watkins and Vinson & Elkins .
ONEOK , a midstream service provider, completed the acquisition of Medallion Midstream , a privately held crude gathering and transportation system, from Global Infrastructure Partners (GIP) , a private equity firm, for $2.6bn.
"Oneok?has a longstanding reputation as being intentional in building a premier energy infrastructure company, and today's transaction further solidify that status by adding complementary assets that allow us to continue expanding and extending our value chain," Pierce H. Norton II, Oneok?President and CEO.
Oneok?was advised by 美国银行 , 高盛 , J.P. 摩根 , Perella Weinberg , Kirkland & Ellis and Joele Frank (led by Andrew Brimmer). GIP was advised by RBC Capital Markets , Santander , Latham & Watkins (led by Kevin M. Richardson, Ryan J. Lynch and Bill Finnegan), Vinson & Elkins and 博然思维集团 .
Blackstone nears $5bn Rogers investment. (FS)
Private equity firm Blackstone is bidding CAD7bn ($5.03bn) for a minority stake in telecom and media company Rogers Communications ' cellphone infrastructure business, Reuters reported.
Last week, the Canadian company Rogers announced the deal, which would lessen its debt burdens, but did not disclose the name of the investor. Under the deal, Rogers will sell a minority equity interest in a portion of its wireless backhaul transport infrastructure.
Berkshire Partners announces close of Fund XI with approximately $7.8bn commitments. (FS)
Berkshire Partners , a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI with approximately $7.8bn in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’ support for the firm’s multi-sector middle market investment strategy.
“We are grateful to have received this level of support from a terrific group of sophisticated, global investors, both existing and new, as demand exceeded our original target fund size,” Michael Ascione , Berkshire Partners Managing Director.
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