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Unilever said to start sale talks for ￡15bn ice cream unit.??
NYCB to sell more loans to JP Morgan after $5.9bn deal.?
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KKR , an American global investment company, and Dragoneer Investment Group , an investment firm, agreed to acquire Instructure , an educational technology company, for $4.8bn.
"Given its unique positioning at the center of academic life, Instructure has a distinct opportunity to be a true end-to-end partner to students, teachers and administrators. Instructure has evolved into an expansive platform focused on delivering strong student outcomes under Thoma Bravo's stewardship. We look forward to working with Steve and the Instructure management team to accelerate growth and continue scaling its global portfolio of products," Webster Chua, KKR Partner.
Instructure is advised by J.P. 摩根 , 麦格理集团 and Kirkland & Ellis . KKR is advised by Moelis & Company , 摩根士丹利 , 瑞银集团 and Simpson Thacher & Bartlett LLP .
KKR , an investment firm, agreed to acquire a 25% stake in Enilive , a biofuel unit, from エニ , an energy company, for $3.4bn.
"While a final transaction is subject to agreeing definitive documentation, both parties are committed to negotiating the terms of a potential transaction. This step represents another example of the development of Eni's satellite model strategy, attracting strategically aligned capital from valuable new partners at attractive multiples, funding our growth and confirming the value we are creating in these new businesses," Eni.
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KKR is advised by 瑞银集团 .
KKR , a global investment firm, and Global Infrastructure Partners (GIP) , an infrastructure investment fund, agreed to acquire a 10% stake in Vantage Towers , a towers infrastructure company, from Vodafone , a British multinational telecommunications conglomerate, for €1.3bn ($1.4bn).
Vodafone said that proceeds from the sale would be used for cutting its debt levels and bringing down its net debt-to-adjusted earnings before interest, taxes, depreciation and amortisation after leases to the lower half of its target range.
Unilever said to start sale talks for ￡15bn ice cream unit.?
联合利华 has kicked off initial discussions with buyout firms about a possible sale of its ice cream business, which could be worth as much as ￡15bn ($19.4bn).
The consumer goods company has started holding management presentations with potential bidders about the business, which is home to brands like Ben & Jerry's and Magnum. Private equity firms Advent , Blackstone , Cinven and CVC are among those that have shown preliminary interest. Other buyout firms such as CD&R and KKR have also been studying the asset.
A formal sale process is likely to start in the second half of the year. Deliberations are in the early stages and no final agreements have been reached with any of the parties,?Bloomberg?reported.
NYCB to sell more loans to JP Morgan after $5.9bn deal.?
New York Community Bank (NYCB) , disposing of assets and freeing up cash after its rescue by investors, said it completed selling $5.9bn of loans to J.P. 摩根 and plans to sell $200m more in the near future — going further than previously announced,?Bloomberg?reported.
The disposals of so-called mortgage warehouse loans will boost NYCB’s common equity Tier 1 capital ratio by about 70 basis points.
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