Kiel Porter
Stories by Kiel Porter
Global M&A activity makes comeback as deal-makers plot post-COVID future
Deal advisers describe 2020 as a tale of two very different halves.
Japan’s 7-Eleven owner said in exclusive talks to buy Speedway gas stations
The potential $22-billion deal could be the largest deal by a Japanese firm since the Takeda-Shire transaction.
Japan’s Kansai Paint, others in talks to buy stake in US car-paint maker
Axalta went public in 2014, a year after PE firm Carlyle Group acquired the company from DuPont.
Joseph Landy is said to be stepping aside as Warburg Pincus Co-CEO
Landy, 58, will transition out of the co-CEO role over the next year, said a source.
Goldman said to have mulled acquiring boutique bank in mid-market push
That Goldman would even consider buying a smaller investment bank would have been almost unthinkable in the recent past.
TriArtisan Capital in talks to buy Chinese restaurant chain P.F. Chang’s for $700m
P.F. Chang’s has about 220 restaurants in the U.S. and dozens more in Mexico, South Korea, the United Arab Emirates and elsewhere.
PE firms splurge the most since 2007, Blackstone scores biggest deal
Private equity firms announced $448 billion of deals in 2018 through December 7, up about 8% from the same period last year.
Fiat likely to sell auto parts unit Magneti Marelli to KKR’s Calsonic
A merger of Magneti Marelli and Calsonic Kansei would create an auto-parts maker with more than $17 billion in annual revenue and about 65,000 workers
Blackstone said to mull sale of Thomson Reuters’ currency trading unit
Blackstone plans to review selling FXall after closing its purchase next month of a majority stake in Refinitiv, the new name of the division it’s i
GE’s jet-leasing unit said to draw sale interest from Singapore’s GIC
Deal activity has picked up in the jet-leasing space as a travel boom in Asia has fueled interest in aviation investment.
