By Supantha Mukherjee
Three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.
HotelsCombined is a hotel metasearch engine that claims to aggregate more than 2 million deals from hundreds of travel sites and hotel chains.
Carlyle bought Atotech in 2016 at an enterprise value of $3.2 billion or 12 times its core earnings.
Blockchain platform developer Dexon Foundation has raised $20 million in a private placement led by China’s IDG Capital.
Elon Musk said he’s getting advice from Goldman Sachs and private-equity firm Silver Lake on taking Tesla Inc. private, as the billionaire drip feeds details of a potential deal valued at more than $70 billion.
In a blog post, Musk sought to clarify by saying that Saudi Arabia’s sovereign wealth fund had been urging him since the beginning of 2017 to take Tesla private.
The startup plans to use the proceeds to expand its operations in Hong Kong, Okinawa, Kuala Lumpur, Bangkok, Osaka and Tokyo.
Agility’s aim in partnering with Centerbridge, which has experience in managing distressed assets, is to make its offer more attractive to LPs in Abraaj’s funds
The deal gives the Japanese firms a stake in a regulated energy infrastructure asset in Europe
The properties to be sold include seven GLP wholly-owned properties and one owned by GLP Japan Development Venture II.