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Ares closes in on record €20bn direct-lending fund.
CVC nears €900m deal for vitamin maker Sunday Natural.
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惠普企业服务 , a US technology company, agreed to acquire 瞻博网络 , a designer of IT networking products, for $14bn.
“HPE’s acquisition of Juniper represents an important inflection point in the industry and will change the dynamics in the networking market and provide customers and partners with a new alternative that meets their toughest demands,” Antonio Neri , Hewlett Packard Enterprise CEO.
Juniper Networks is advised by 高盛 and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by Amr Razzak ). Hewlett Packard Enterprise is advised by J.P. 摩根 , Qatalyst Partners , 富而德律师事务所 and Wachtell, Lipton, Rosen & Katz (led by Raaj Narayan , Benjamin Roth , Steven Green and Andrew Brownstein ).?Debt financing was provided by 花旗 , J.P. 摩根 and 瑞穗实业银行 .
Blackstone -backed Sphera , a global provider of environmental, social and governance performance and risk management software, completed the acquisition of SupplyShift, a Sphera company , a supply chain sustainability software company. Financial terms were not disclosed.
“SupplyShift has seen tremendous growth with its software solution that allows for direct communication with suppliers and customers and enables the seamless collection of their Scope 3 emissions data, which helps suppliers improve their supply chain ESG performance. As more regulations are passed that demand transparency, the SupplyShift solution will become indispensable in meeting global regulatory requirements and stakeholder expectations. Bringing SupplyShift’s portal into the Sphera family will expand our current offerings and enable us to provide unparalleled Scope 3 and ESG tracking and reporting capabilities. We are pleased to welcome SupplyShift’s customers, colleagues and solution to Sphera and look forward to helping our combined customer base accurately track and report their Scope 3 emissions and be compliant," Paul Marushka , Sphera CEO and President.
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Blackstone was advised by 德意志银行 , Evercore , Reed Smith LLP and Simpson Thacher & Bartlett LLP . SupplyShift was advised by Houlihan Lokey and VLP Law Group LLP .
Pennon Group Plc , a listed UK-focused environmental infrastructure group, completed the acquisition of SUTTON AND EAST SURREY WATER PLC , a water company, from Sumitomo Electric , an electric services company, and Osaka Gas Co., Ltd. , a gas company, for $484m.
"Pennon's acquisition will bring new opportunities to SES Water enabling us to further deliver on our ambitious plans for the future, whilst continuing to deliver a high-quality service to our customers. We share many of the same aspirations as Pennon and look forward to working with them to support our customers, our people, and the communities that we serve. The ambitious business plan that we have set out for the next 5 years will remain unchanged and with Pennon's support we believe we will be in a stronger position to deliver on our goals. I would like to take this opportunity to thank our out-going shareholders, Sumitomo Corporation and Osaka Gas for all their support over the last decade," Ian Cain , SES Water CEO.
Pennon Group was advised by Barclays (led by Alisdair Gayne), 摩根士丹利 (led by Andrew Foster ) and FGS Global (led by James Murgatroyd ).
Ares closes in on record €20bn direct-lending fund. (FS)
Ares Management Corporation is nearing the close of what would be the biggest ever direct-lending fund, with more than €20bn ($21.9bn) of firepower,?Bloomberg ?reported.
Los Angeles-based Ares is looking to raise at least €15bn ($16.4bn) from investors. Leverage is expected to be about €5bn ($5.5bn) on top of that. Co-heads of European credit Blair Jacobson and Mike Dennis jointly run the strategy.
CVC nears €900m deal for vitamin maker Sunday Natural. (FS)
CVC is set to acquire Sunday Natural in a deal valuing the German vitamin and supplement maker at about €900m ($983m), Bloomberg reported.
Berlin-based Sunday Natural offers a range of plant-based foods and health products, ranging from protein shakes and natural sweeteners to teas and essential oils.
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