Providence Equity Partners L.L.C. entered into an agreement with funds managed or advised by Searchlight Capital Partners UK LLP, pursuant to which the Searchlight Funds have agreed to partner with the Providence Funds by acquiring a 40% indirect equity interest in Heron UK Bidco, an entity formed by Providence Funds for the purposes of making an offer for Hyve Group plc (HYVE.
Japan's housing starts decreased less-than-expected in February after recovering sharply in the previous month, data from the Ministry of Land, Infrastructure, Transport and Tourism showed on Friday.
Inchcape Plc (INCH.L), a British automotive firm, on Friday announced a deal to acquire Mercedes-Benz's Indonesian business in a joint venture or JV with Inchcape's local partner, Indomobil.
Portugal's consumer prices rose at a slower rate in March amid a fall in costs for energy products, preliminary data from Statistics Portugal showed on Friday. Consumer price inflation eased to 7.