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Apollo Global Management to acquire Barnes Group for $3.6bn. (Financial Sponsors)

Blue Owl Capital to acquire IPI Partners for $1bn. (FS)

Mytheresa to acquire YOOX Net-a-Porter from Richemont .

Activist Starboard takes $1bn stake in Pfizer. (FS)

Adani Group in talks to buy Heidelberg's Indian cement operations.

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Apollo Global Management to acquire Barnes Group for $3.6bn. (FS)

Apollo Global Management, Inc. , an alternative asset management firm, agreed to acquire Barnes , a global provider of highly engineered products, differentiated industrial technologies and innovative solutions, for $3.6bn.

“We are thrilled to partner with the talented team at Barnes, which has a tremendous heritage of building leading businesses with strong customer relationships in the aerospace and industrial sectors. We see opportunities to further invest in and grow Barnes’ businesses, which are positioned to benefit from long-term aerospace demand trends, as well as the need for high performance components and solutions for a range of end-markets. We applaud the Barnes team for the progress it has made with its transformation plan, and we believe this plan can be accelerated in a private company setting. We look forward to drawing on Apollo’s significant industry experience and value-added capabilities to support Barnes as it executes against its transformation and growth plans,” Antoine Munfakh, Apollo Partner.

Barnes Group is advised by 高盛 , Jefferies and Wachtell, Lipton, Rosen & Katz (led by Benjamin Roth ?and Elina Tetelbaum ). Apollo is advised by Latham & Watkins (led by? Justin G. Hamill , Eric Press ?and Michael Anastasio ) and Paul, Weiss, Rifkind, Wharton & Garrison LLP (led by?Brian Kim).

Blue Owl Capital to acquire IPI Partners for $1bn. (FS)

Blue Owl Capital , an alternative asset manager, agreed to acquire IPI Partners , a digital infrastructure fund manager, for $1bn.

"The acquisition of IPI with its deep sector expertise complements our existing net lease strategy while providing an ideal opportunity to expand Blue Owl's digital infrastructure strategy. There is a massive market opportunity to finance data centers, matched by an increasing investor appetite for additional strategies investing behind cloud and AI-driven secular tailwinds. IPI's tenured investment team, preeminent LP-base and global scale in the digital infrastructure economy will enhance our suite of capital solutions and investment offerings, further strengthening our position as a partner of choice. Investors can benefit greatly from the combination of Blue Owl's triple net lease knowledge and IPI's depth in the data centers market," Doug Ostrover and Marc Lipschultz, Blue Owl Co-CEOs.

Blue Owl Capital is advised by 德意志银行 , J.P. 摩根 , 摩根士丹利 , 法国兴业银行 , TD Securities and Kirkland & Ellis . IPI Partners is advised by Gibson Dunn . Iron Point is advised by Berkshire Global Advisors .

Mytheresa to acquire YOOX Net-a-Porter from Richemont.

Mytheresa , an online store that offers women's luxury and designer fashion products, agreed to acquire YOOX NET-A-PORTER , an Italian online fashion retailer, from 历峰集团 , a luxury goods holding company, in exchange for a 33% stake in Mytheresa.

“We are pleased to have found such a good home for YNAP. As a trusted partner to many of the world’s leading global luxury brands, YNAP is renowned for its pioneering high-end customer services complemented by its distinctive and inspirational editorial voice. Mytheresa is ideally placed to build on YNAP’s assets to further delight customers and brand partners alike across the world by harnessing both companies’ respective strengths,” Johann Rupert, Richemont Chairman.

Mytheresa is advised by J.P. 摩根 and BOC Consult GmbH (led by Ruediger O. Assion ).

Activist Starboard takes $1bn stake in Pfizer. (FS)

Activist investor Starboard Value has taken a stake of about $1bn in 辉瑞 and is seeking to spur a turnaround of the struggling pharmaceuticals giant, Bloomberg reported.

Starboard has approached former Pfizer executives Ian C. Read and Frank D'Amelio to aid in its efforts, and they have expressed interest in helping. It’s unclear in what capacity they would be involved. Read was Pfizer’s chief executive officer from 2010 to 2018 and chose current CEO Albert Bourla as his successor. D’Amelio was the New York-based company’s chief financial officer from 2007 to 2021.

Adani Group in talks to buy Heidelberg's Indian cement operations.

The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2bn, Reuters reported.

Led by billionaire Gautam Adani , the group entered India's cement industry in 2022 by buying Holcim's local units and has made a string of acquisitions since, as it jostles for market share with top producer UltraTech Cement .

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