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Telkom Indonesia taps Goldman and Mandiri to seek strategic investor for data centre business.
Saudi wealth fund PIF pumps another $1.5bn into EV maker Lucid. (FS)
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UK's Hargreaves Lansdown on August 5, gave a consortium led by CVC Advisers and the Abu Dhabi Investment Authority (ADIA) until August 9 to make a firm offer for the British investment platform, Reuters reported.
The company, co-founded by Peter Hargreaves, is preparing to sign off on a $6.9bn takeover if the group of investors table a formal offer. The delay in the deadline reflects the ongoing complexity of the negotiations for this significant acquisition.
Hargreaves Lansdown is advised by Barclays (led by Alisdair Gayne), Deutsche Numis (led by Charles Farquhar ), Fenchurch Advisory Partners (led by Richard Locke ), 摩根士丹利 (led by Gillian Sheldon ), 富而德律师事务所 (led by Stephen Hewes and Claire Wills ), and 博然思维集团 (led by Nick Cosgrove ). CVC Capital is advised by FGS Global (led by Guy Lamming).
Veritas Capital , a private equity firm, agreed to acquire the digital banking business of NCR Voyix , a digital commerce solutions provider, for $2.55bn.
“We believe that Veritas, as a leading technology investor, is the ideal owner of our digital banking business, as they will continue to invest in market-leading products and solutions to meet the needs of our valued financial institution customers. This transaction allows us to drive value for our shareholders by strengthening our financial position and focusing on our core restaurant and retail customers,” David Wilkinson, NCR Voyix CEO.
Veritas Capital is advised by Evercore , Gibson Dunn and Prosek Partners . NCR Voyix is advised by 高盛 and King & Spalding . Goldman Sach is advised by Sullivan & Cromwell LLP (led by Stephen Kotran ).
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Bernhard Capital Partners , a private equity firm, agreed to acquire New Mexico Gas Company , a utility company, from Emera , an international energy and services company, for $1.25bn.
"This transaction strengthens Emera's balance sheet, supports our ambitious capital plan and reinforces our strategic decision to optimize our portfolio and reallocate capital to our highest growth markets to drive long-term value for our shareholders. New Mexico Gas is a strong regulated utility with a customer-focused team. We're proud of the work we have done together over the past eight years to drive customer growth and enable more than $800m in strategic capital investments to expand and maintain a safe, reliable system that will serve New Mexicans for decades to come," Scott Balfour, Emera President and CEO.
Bernhard Capital Partners is advised by Jefferies , Kirkland & Ellis (led by Bill Benitez , Robert Goodin , Patrick Y. Moneypenny and Daniel Cadis ) and Joele Frank (led by Ed Trissel and Erik Carlson). Emera is advised by J.P. 摩根 and Davis Polk & Wardwell LLP (led by William Aaronson and Michael Gilson ).
Telkom Indonesia taps Goldman and Mandiri to seek strategic investor for data centre business.
Indonesia's state-owned communication giant Telkom Indonesia has appointed 高盛 and Mandiri Sekuritas to help it find a strategic investor for its data centre business, Reuters reported.
Goldman Sachs is the global financial advisor for the project and Mandiri Sekuritas is the lead advisor, Telkom's Senior Vice President of Corporate Communication and Investor Relation Ahmad Reza said.
Saudi wealth fund PIF pumps another $1.5bn into EV maker Lucid. (FS)
Lucid Group said?its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject up to $1.5bn in cash, as the electric vehicle maker looks to ramp up production of a new SUV,?DealStreetAsia?reported.
The EV maker’s shares jumped about 6% in extended trading after closing down 3.9% in the regular session. The deal comes just ahead of Lucid‘s planned production of its much-awaited Gravity SUV later this year and keeps the EV maker sufficiently funded till the fourth quarter of 2025.
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