Hints and tips:
...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...When a client (the Limited Partner, or LP) signs up to invest $100mn in private equity, they don’t immediately assume $100mn of exposure....
...By contrast, KKR increased its fundraising in the quarter, raising more than $14bn, with “a noticeable uptick in our pipelines around fundraising, deployment and monetisations”, according to Robert Lewin...
...The industry has been focused on patent expiries during the second half of the decade “for a long time”, noted Tom Davidson, a partner focusing on life sciences at investment bank PJT Partners....
...EQT recently struck a large deal to acquire family-owned Heritage Environmental Services, which handles waste and industrial by-products from chemical plants, pipelines, rare earths manufacturing and semiconductors...
...The latest deal was the $18.8bn sale of pipeline company Magellan Midstream Partners to rival Oneok this week....
...Gas pipeline giant Oneok in May announced an $18.8bn deal to buy oil-focused Magellan Midstream Partners, though the takeover has faced some pushback from big shareholders....
...Aaron Milford, chief executive of Magellan Midstream Partners, said that the “opportunity to invest and grow” as a company focused on crude oil and refined products, such as petrol and jet fuel, had become...
...US pipeline giant Oneok is set to buy Magellan Midstream Partners for $18.8bn, creating one of the biggest oil and gas infrastructure companies in North America as consolidation in the hydrocarbon business...
...The Chancery decided that Loews had short-changed shareholders of an energy pipeline subsidiary, Boardwalk Pipeline Partners LP, when it acquired Boardwalk for $1.5bn in 2018....
...Despite his arrest, Magomedov wanted to buy out the other partners, according to the claim....
...“The domestic manufacturers who wanted to force more of the materials to be made in the US got their way, but it’s not administrable,” said Keith Martin, partner at Norton Rose Fulbright, who predicts that...
...Now scarcity has thrown a spotlight on their value, intensified by Oneok’s recommended offer for Magellan Midstream Partners at an enterprise value of $18.8bn....
...News round-up Energy Transfer to buy Crestwood for $7.1bn in latest US pipeline deal (FT) ArcelorMittal weighs possible bid for US Steel (Reuters) China thwarts Intel’s $5.4bn Israeli chipmaker purchase...
...a $20bn tech buyout Orlando Bravo, co-founder of Thoma Bravo, said the $131bn-in-assets group was eyeing an “arbitrage” in publicly listed software companies across the UK and Europe and saw a strong pipeline...
...Home Partners then buys the property and rents it out on a five-year deal with fixed annual rent bumps and an option to purchase....
...On the heels of its explosive IPO, Universal Music Group is putting more deals in the pipeline....
...The Abu Dhabi group has sought to diversify the geographical spread of partners working in the emirate’s onshore and offshore fields, ushering in greater co-operation with Chinese and Indian companies as...
..., BAM and their outside partners....
...Mr Saron said there was already a “very positive” pipeline of more than 50 companies interested in passing their schemes on to Clara....
...Blackstone is funding the deal mostly from its €10bn Blackstone Real Estate Partners Europe VI fund. It is subject to regulatory approval....
...president made bid for Premier League’s Chelsea (WSJ) IFF vies with Kerry in deal for DuPont nutrition business (BBG) Sanofi agrees $2.5bn deal for US biotech to boost drug pipeline (FT) Merck pushes...
...Energy Transfer, the operator, is pushing ahead with plans to add pumps to raise the pipeline’s capacity above its original 570,000 b/d limit....
...The unblended crude is tapped from pipelines running straight from oilfields in west Texas’s Permian Basin, according to the exchange company....
...to examine whether Japan’s Ministry of Economy, Trade and Industry (Meti) played any role in the lead-up to the arrest of the former Nissan boss, who had pushed for a merger with the carmaker’s French partner...
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