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Boots in store for $10 billion sale as bid deadline looms

Exclusive-Buyout fund Ardian makes $1 2 billion swoop on Italy s Biofarma Group – sources | WSAU News/Talk 550 AM · 99 9 FM

Deliveroo sees investors demand exceeding the full deal size: bookrunner

Deliveroo sees investors demand exceeding the full deal size: bookrunner
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Singapore s GIC teams up with Chinese asset manager for Philips home appliances bid -sources

3 Min Read LONDON, Feb 10 (Reuters) - Singapore’s sovereign wealth fund GIC has teamed up with Chinese asset manager CDH Investments to submit a joint offer for the $3.6 billion home appliance business of Philips, two sources told Reuters. The duo is facing competition from Asia-focused private equity firm Hillhouse Capital and a consortium of Citic Capital, Sequoia and TCL Capital, the sources said, speaking on condition of anonymity. Philips has put pressure on the bidders to finalise their binding offers by the end of March and raised the prospect of ditching the sale and pursuing an alternative listing of the business, which produces coffee machines, vacuum cleaners and air fryers.

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