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e& in the running to acquire United Group as early as June

The UAE’s e& is reportedly considering an acquisition of Europe-focused United Group for as much as US$8.6 billion (€8 billion).

Private equity firm CD&R to buy IT company Presidio from BC Partners, ET Telecom

Presidio has more than 6,660 customers and provides secured cloud-based technology to organizations ranging from government agencies to businesses such as Amazon.com, Cisco Systems, Microsoft and Google.

Should You Hold Logan Ridge Financial (LRFC)?

Investment management company River Oak Capital recently released its second-half 2023 investor letter. A copy of the same can be downloaded here. In 2023, the fund returned 8.3% compared to 26.3% for the S&P 500, 16.9% for the Russell 2000, and 9.3% for the Russell Microcap Index. In addition, you can check the top 5 holdings of the […]

Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid –sources

British specialist lender Shawbrook made an offer for rival Co-op Bank and is weighing a fresh bid for embattled Metro Bank, people familiar with the matter told Reuters on Sunday. Shawbrook, backed by private equity groups BC Partners and Pollen Street, tabled an indicative bid for Co-op in recent days, said the people, who spoke on condition of anonymity. Separately, Shawbrook is considering a potential new bid for London-listed Metro Bank after several failed approaches earlier in the year, the sources said.

BC Partners considers selling a stake in compliance software firm Navex-sources

Private equity firm BC Partners Ltd is considering selling a portion of Navex Global Inc in a deal that could value the U.S. risk management software provider at more than $3 billion, including debt, people familiar with the matter said.

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