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Arno Schuetze
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- Aareal Bank shortlists private equity firms in sale of tech unit: sources1 Jul 2020—reuters.comFRANKFURT (Reuters) - German real estate lender Aareal Bank (ARLG.DE) has shortlisted several private equity groups interested in a stake in its software business Aareon, people close to the matter said. EQT, Blackstone and Bain are among those to have advanced to the final round of bidding for a minority stake in Aareon, which is expected to be valued at 500-600 million euros ($560-$672 million) as a whole, including debt, in a sale, they added. Aareal Bank, EQT and Blackstone declined to...
- Standard Industries, private equity vie for BASF construction chemicals: sources28 Jun 2019—ReutersFILE PHOTO: A cyclist rides his bike past the entrance of the BASF plant and former Ciba production site in Schweizerhalle near Basel, Switzerland, July 7, 2009/File Photo FRANKFURT (Reuters) - Building materials maker Standard Industries and several private equity groups are vying for BASF’s (BASFn.DE) construction chemicals business, which the German chemicals group has put on the block to focus on more profitable operations, people close to the matter said. Advent, Bain, Cinven, KKR, Lone...
- Private equity firms win over Scout24 with improved $6.4 billion bid15 Feb 2019—ReutersFRANKFURT (Reuters) - Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity. The investors said in a statement on Friday that Scout24’s management and supervisory board supported the sweetened bid of 46 euros a share. Last month, the German company rejected an offer of 43.50 euros per share. Scout24 shared...
- Private equity firms circling Nestle's skin health business - sources21 Jan 2019—ReutersA Nestle logo is pictured on a coffee factory in Orbe, Switzerland May 31, 2018. Picture taken May 31, 2018. REUTERS/Denis Balibouse FRANKFURT/LONDON (Reuters) - Private equity firms Cinven and Advent have teamed up to bid in an auction that could value Nestle’s (NESN.S) skin health business at about 7 billion Swiss francs ($7 billion), three sources familiar with the matter said. Private equity companies Blackstone (BX.N), KKR (KKR.N), Carlyle, CVC, EQT and Partners Group are also expected...
- Exclusive: Private equity firms circling Nestle's skin health business - sources21 Jan 2019—reuters.comFRANKFURT/LONDON (Reuters) - Private equity firms Cinven and Advent have teamed up to bid in an auction that could value Nestle’s (NESN.S) skin health business at about 7 billion Swiss francs ($7 billion), three sources familiar with the matter said. Private equity companies Blackstone (BX.N), KKR (KKR.N), Carlyle, CVC, EQT and Partners Group are also expected to bid and might look for partners, according to the sources, who declined to be identified as the process is private. Nestle launched...