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Arkhouse, Brigade raise Macy's buyout bid to $6.6bn.

Cinven to invest in Alter Domus at a €4.9bn valuation.

ADNOC completed the acquisition of a 24.9% stake in OMV from Mubadala at a €15.5bn valuation.?

Saudi Arabia moves $164bn Aramco stake to wealth fund.?

Bridgepoint eyes $4.4bn sale of MotoGP rights holder.

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Arkhouse, Brigade raise Macy's buyout bid to $6.6bn. (FS)

ARKHOUSE, a real-estate-focused investing firm said it and Brigade Capital Management, LP have raised their offer for Macy's after the department store chain rebuffed their prior proposal as too low, Reuters reported.

The firms are now offering to acquire Macy's stock they don't already own for $24 per share, about 14% more than its previous offer of $21 per share.

Macy's is advised by Bank of America, Wells Fargo and Wachtell, Lipton, Rosen & Katz (led by David A. Katz ). Arkhouse Management is advised by Cadwalader, Wickersham & Taft LLP and Longacre Square Partners (led by Scott Deveau and Joseph Germani ). Brigade Capital is advised by Jefferies and Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Cinven to invest in Alter Domus at a €4.9bn valuation.?

Cinven , an international private equity firm, agreed to invest in Alter Domus , a provider of end-to-end tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, at a €4.9bn ($5.3bn)?valuation.

“In little more than two decades, Alter Domus has grown from being a small Luxembourg-based spin-off from PwC to become a world-leading fund administrator. The investment from Cinven is a significant milestone in the development of Alter Domus as it continues along this trajectory. Together with Permira, we are confident that Cinven is the perfect partner as it continues to grow and scale internationally, and I am excited to continue to be a part of the Alter Domus journey,” René Beltjens, Alter Domus Founder and Chairman of the Supervisory Board.

Alter Domus was advised by 高盛 , Raymond James , DLA Piper , Jamieson Group , Oliver Wyman , 安永 , Clifford Chance , Kroll , Crosslake Technologies and BackBay Communications .

ADNOC completed the acquisition of a 24.9% stake in OMV from Mubadala at a €15.5bn valuation. (FS)

ADNOC Group, the state-owned oil company of the United Arab Emirates, completed the acquisition of a 24.9% stake in OMV, a multinational integrated oil, gas and petrochemical company, from Mubadala, a sovereign wealth fund, at a €15.5bn ($16.8bn) valuation.

"ADNOC is proud to become a shareholder in OMV, a leading international energy and chemicals company, with whom we share a long-standing strategic partnership. Together, we have created significant value through our joint venture Borouge, and today's investment will unlock further value and future growth opportunities for both companies. Building on our 25% shareholding in Borealis, this transaction marks the next transformative step as we accelerate our ambitious chemicals growth strategy, unlocking significant growth and value creation opportunities for ADNOC, OMV and their respective shareholders," Khaled Salmeen, ADNOC Executive Director, Downstream Industry, Marketing & Trading.

ADNOC was advised by Citi, Shearman & Sterling LLP and Wolf Theiss (led by Florian Kusznier ).

Saudi Arabia moves $164bn Aramco stake to wealth fund. (FS)

Saudi Arabia's government transferred a further $164bn stake in aramco to the Public Investment Fund (PIF), a move aimed at bolstering cashflow at the state-backed investor that's ramping up spending on huge local projects, Bloomberg reported.

The 8% stake transfer will cut the government's direct ownership in the world's largest oil company to 82%. The move will have no impact on Aramco's dividend, which the oil giant kept at $29bn for the third quarter despite a drop in production and weaker oil prices.

Bridgepoint eyes $4.4bn sale of MotoGP rights holder. (FS)

British private investment company Bridgepoint is in advanced talks to sell Dorna Sports, which holds the commercial rights to MotoGP, in a bid to raise ￡3.5bn ($4.4bn).

MotoGP is the top division of Grand Prix motorcycle racing, the sport's highest class of events, Reuters reported.

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