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Activist Clearway buys stake in Italy TV tower firm RAI Way. (FS)?
Steve Cohen, Marc Lasry Group set to invest billions in PGA Tour. (FS)
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安费诺 , a global provider of high-technology interconnect, antenna and sensor solutions, agreed to acquire Carlisle Interconnect Technologies , the harsh environment interconnect solutions business of Carlisle Companies Incorporated , an American diversified company, for $2bn.
"We are excited to welcome CIT’s approximately 6k talented employees to the Amphenol family. CIT’s highly engineered harsh environment interconnect solutions will allow us to deliver a more comprehensive technology solution for the increasingly complex applications of our customers in harsh environment markets. We look forward to benefiting from this enhanced position with these important customers in the commercial air, defense and industrial markets long into the future. In addition, we are excited by the possibilities created through the combination of Amphenol’s strong operating discipline and CIT’s advanced capabilities. We look forward to working together with CIT’s experienced management team to drive superior operating performance for the business as part of Amphenol," R. Adam Norwitt, Amphenol President and CEO.
Amphenol is advised by Evercore and Latham & Watkins (led by Robert Katz and Charles K. Ruck ). Carlisle is advised by J.P. 摩根 and Kirkland & Ellis .
Caisse de dép?t et placement du Québec (CDPQ) , a pension fund, and SMBC Aviation Capital , an aircraft leasing company, agreed to form Maple Aircraft, an aircraft financing and leasing platform, in a $1.5bn?deal.?
“Building on CDPQ’s experience in the aircraft financing industry, through this new platform, we will continue to provide flexible financing solutions for airlines to meet their future fleet requirements. We’re delighted to partner with SMBC Aviation Capital, an industry leader with a successful track record, who has demonstrated their commitment to sustainable aviation, to find the best opportunities in the commercial aircraft industry and to achieve attractive risk-adjusted returns over the long term,” Marc Cormier, CDPQ Executive Vice-President and Head of Fixed Income.
CDPQ is advised by FGS Global (led by Charles O'Brien ).
Gilead Sciences , a biopharmaceutical company, agreed to invest $320m in Arcus Biosciences , a biopharmaceutical company.
“This amendment allows Gilead to accelerate the domvanalimab program and enables Arcus to focus on progressing multiple pipeline assets, including both Gilead-optioned and non-optioned programs. We look forward to strengthening our collaboration as we explore the collective power of our cross-portfolio combinations to help transform how cancer is treated,” Merdad Parsey, Gilead Sciences Chief Medical Officer.
Activist Clearway buys stake in Italy TV tower firm RAI Way. (FS)
Activist investor Clearway Capital has acquired a minority stake in Italy’s Rai Way S.p.A. , with the aim of brokering a long-discussed merger of the state-backed TV tower operator with a local rival, Bloomberg reported.
Clearway plans to press RAI Way’s board to merge with Milan-based EI Towers S.p.A. . EI Towers is controlled by infrastructure fund F2i SGR , with the Berlusconi family’s MFE-MediaForEurope holding the rest.
Steve Cohen, Marc Lasry Group set to invest billions in PGA Tour. (FS)
The PGA TOUR is close to finalizing a historic investment?from a US consortium, Bloomberg reported.?
The initial investment from The Strategic Sports Group could be about $3bn, with an additional tranche from the Saudi Public Investment Fund (PIF) . The deal could value PGA Tour Enterprises — the for-profit entity created to house the Tour’s commercial interests — at about $12bn.
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