Edition:
United Kingdom

David French

I Squared eyes $2.4 billion sale of power firm Energia: sources

11 Aug 2020

NEW YORK/LONDON/FRANKFURT I Squared Capital is planning an auction to sell power firm Energia Group later this year, with the infrastructure fund aiming to secure a valuation of around 2 billion euros ($2.35 billion) including debt, sources familiar with the matter said.

NYSE-owner ICE to buy mortgage tech firm Ellie Mae for $11 billion

07 Aug 2020

Intercontinental Exchange Inc (ICE) said Thursday it would spend $11 billion (8.4 billion pounds) to acquire Ellie Mae, betting the U.S. mortgage technology platform would benefit from significant automation of the home financing process.

UPDATE 1-Software firm Clearwater Analytics explores $2 billion sale -sources

04 Aug 2020

NEW YORK, Aug 4 Clearwater Analytics is exploring a sale that could value the private equity-owned investment management software firm at around $2 billion, including debt, according to people familiar with the matter.

Software firm Clearwater Analytics explores $2 billion sale -sources

04 Aug 2020

NEW YORK, Aug 4 Clearwater Analytics is exploring a sale that could value the private equity-owned investment management software firm at around $2 billion, including debt, according to people familiar with the matter.

U.S. utility Evergy plans to remain independent company: sources

04 Aug 2020

Evergy Inc plans to remain independent after the board of the U.S. Midwest utility decided that bids solicited from prospective merger partners did not offer sufficient value, two sources familiar with the matter said on Tuesday.

Exclusive: Payments firm Paya nears $1.3 billion deal to go public - sources

31 Jul 2020

Paya Inc is nearing a deal to merge with blank-check acquisition company FinTech Acquisition Corp III which could value the U.S. payments solutions provider at around $1.3 billion, including debt, according to people familiar with the matter.

Centrica to sell North American energy business for $3.63 billion

24 Jul 2020

LONDON/NEW YORK Centrica Plc on Friday said it was selling its North American subsidiary Direct Energy for $3.63 billion to U.S. integrated power firm NRG Energy , clearing the way for the new head of the British Gas owner to focus on its home markets.

Electric bus maker Proterra considers deal to go public: sources

22 Jul 2020

U.S. electric bus manufacturer Proterra Inc is considering going public through a merger with a blank-check company, eschewing the traditional initial public offering that it explored last year, according to people familiar with the matter.

Seven & i, Couche-Tard, TDR to make offers for Speedway this week: sources

22 Jul 2020

Canadian convenience store operator Alimentation Couche-Tard Inc , Japanese peer Seven & i Holdings Co and private equity firm TDR Capital are preparing to submit rival bids this week for Marathon Petroleum Corp's gas station network Speedway, according to people familiar with the matter.

World News