CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
US-based private equity firm KKR has committed to invest INR520 crore in India’s dairy company Kwality to support is growth plans. Kwality will utilise the funds for capital expenditure purposes to further strengthen its milk ...
Tags: INR520 Crore, private equity
Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Petainer UK Holdings has completed the transaction with KKR Credit for a €100m debt and equity investment. The funding from KKR Credit is being used to refinance the Company's capital structure and also finance the implementation of ...
Tags: KKR Credit, Petainer
US-based private-equity firm Kohlberg Kravis Roberts (KKR) has agreed to provide €100m debt and equity financing to sustainable packaging provider Petainer UK. The funding will be used by Petainer to finance its capital structure and ...
Tags: KKR, Petainer, Investment
US Foods Holding Corp plans to go for initial public offering of its shares to raise $100m, a move that comes after Sysco Corp failed to acquire it. In its filing with the US Securities and Exchange Commission, US Foods did not state the ...
Tags: US Foods, food service
Mills Fleet Farm is in talks to be acquired by buyout firm KKR & Co., according to a Reuters report. With 35 locations in Minnesota, Wisconsin, Iowa and North Dakota, the company's mix includes hunting, fishing and sporting goods products. ...
Tags: KKR Co, private equity firms, Sporting Goods
According to the report 'GaN and SiC for power electronics applications' from Yole Développement, in 2014 the silicon carbide (SiC) chip business was worth more than $133m, with power factor correction (PFC) and photovoltaics (PV) ...
Tags: SiC Market, power electronics
Dutch brewer Heineken has agreed to purchase 51.11% stake in Slovenian brewery Pivovarna Lasko in a deal that will value the company at around $237m. Heineken and Lasko's largest shareholder Bank Asset Management Company (DUTB) ...
Tags: Slovenian Brewer Lasko, Heineken
Over the past year, the LED industry had pondered about the company that would eventually take over Philips lighting component (Philips Lumileds) and automotive business. Previous market rumors pointing towards CVC and KKR consortium as ...
Tags: Philips, LED Patent Issues, Lights
Two investment funds KKR and CVC Capital Partners have emerged as top bidders for Pivovarna Lasko, a Slovenian brewery. Three other bidders - Mid Europa Partners, Bain Capital and Dutch brewer Heineken - were urged to submit improvised ...