Author: Adelaine Nelson

Citi, Lazard: Advisory on Mars’ Massive $36bn Acquisition of Kellanova

Citi has taken a leading role as financial advisor in Mars, Incorporated’s monumental $35.9 billion acquisition of Kellanova, marking a significant reshaping of the global snacking industry. Under the definitive agreement, Kellanova shareholders are set to receive $83.50 per share in cash. This valuation represents a 44%

EQT Exclusive: Plans to Raise $12.5 Billion for Next Asia Fund

EQT is gearing up to secure $12.5 billion for its upcoming Asia-focused investment fund, aiming to create one of the largest private equity pools in the region. Established in 2022 after acquiring Baring Private Equity Asia for $7.5 billion, EQT Private Capital Asia is led by former Baring CEO Jean Eric Salata. The target amount […]

Goldman Sachs Asset Management: Withdrawing from ESG Club Climate Action 100+

Goldman Sachs Asset Management has officially withdrawn from Climate Action 100+, the premier global investor initiative promoting climate action. This decision aligns with a pattern observed among other major U.S. financial institutions, which are retracting from environmental commitments amid escalating critiques from the Republican Party. A representative for Goldman Sachs

Barclays, Evercore: Advisory on CVC Capital Partners’ Investment in CD&R-backed Epicor

CVC Capital Partners has acquired a significant stake in Epicor, joining forces with Clayton, Dubilier & Rice (CD&R) to enhance the software company’s growth in the SaaS market. Epicor, based in Austin, Texas, specializes in industry-specific enterprise software solutions, serving approximately 23,000 customers across over 150 countries. Its software is pivotal for

JP Morgan Exclusive: Advisory on LS Power’s $2.5bn Acquisition of Renewable Energy Business

JP Morgan played a pivotal role as the exclusive financial advisor in LS Power’s strategic acquisition of Algonquin Power & Utilities Corp.’s renewable energy business, a deal valued at up to $2.5 billion. This significant transaction includes 44 operational wind and solar facilities across the U.S. and Canada, with over 3,000 megawatts of generating capacity. […]

RBC Capital Markets, Santander: Advisory on Equity Residential’s $964m Acquisition of Apartment Portfolio from Blackstone Real Estate

RBC Capital Markets, along with Santander and other financial advisors, played a pivotal role in facilitating Equity Residential’s acquisition of a $964 million apartment portfolio from Blackstone Real Estate. This strategic move involves 11 properties spread across Atlanta, Dallas/Ft. Worth, and Denver, totaling 3,572 units. Equity Residential aims to strengthen