Posts tagged: Blackstone

About that WSJ "exclusive" on the Kansas City Southern takeover bid...

Friday, 31 July 2020, 10:54 pm

I see The Wall Street Journal has just "broken" an "exclusive" story about Global Insfrastructure Partners and Blackstone attempting to purchase Kansas City Southern, the US-listed railroad transportation operator. Below is the link:

https://www.wsj.com/articles/private-equity-firms-discuss-bid-for-kansas-city-southern-11596223106..

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Tchenguiz buys 9pc of Urban Exposure PLC - Part 3

Monday, 11 November 2019, 7:04 pm

The frothiness continues unabated with KKR coming forward to submit a formal takover proposal for Walgreens Boots Alliance. Click on the link to the Financial Times piece below for the latest on the deal:

https://www.ft.com/content/9824af60-049d-11ea-a984-fbbacad9e7dd

Now Betaville was a bit sceptical that a $70 billion leveraged buy-out of Walgreens Boots Alliance would actually happen...

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REVEALED: Blackstone weighs sale of Ideal World amid CEO departure and tough trading - sources

Sunday, 24 June 2018, 12:17 pm

The world’s largest private equity firm has put Ideal World on the market after it’s investment in the home shopping television channel turned sour.

People familiar with the matter said US buy-out giant Blackstone has appointed advisers from Deloitte to quickly find a buyer for Ideal Shopping Direct, a home shopping group that sells its products on Sky, Freeview and Virgin Media.

Ideal Shopping Direct’s main channel is Ideal World...

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Coach said to be working with Evercore on possible $20 billion Burberry merger - sources

Friday, 21 October 2016, 11:07 pm

US retailer Coach is working with corporate financiers on a potential combination with Burberry to create a $20 billion luxury clothing giant, according to two sources familiar with the situation.

Coach has been talking to financial advisers from Evercore for several weeks about the potential deal, according to two sources familiar with the situation...

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