by Carlos Martinez in Bogota and Leonardo Peralta in Mexico City Review may require a look at all of investors’ Mexican holdings Railroad regulator doesn’t have official say, could suggest conditions Mexico’s competition regulator, Cofece, is not expected to oppose a potential sale of Kansas City Southern [NYSE:KSU] to financial investors, said three local competition attorneys. The
by Kate Kim and Haejin Choi in Seoul Cash-strapped Doosan Heavy Industries & Construction, the South Korean energy and industrial construction company, is on track to raise capital as part of its restructuring plan, but will need to raise more funds to repay debts, two sources familiar with the situation said.
Written by Troy Hooper with graphics by Philip Segal ‘Spotlight on SPACs’ is a new weekly column that tracks the latest news, data, and analysis on special purpose acquisition vehicles, drawing on proprietary intelligence from Mergermarket and Dealreporter, as well as data from Dealogic. The report, published weekly, features forward-looking insight on what to expect in SPAC M&A, as well as
by Bhavna Kaul, Emily Fasold and Anastasia Donde Cholula, an L Catterton-backed producer and distributor of hot sauces, is exploring a sale, five sources familiar with the situation said. The sale process is in the early stages, three of the sources said. Morgan Stanley is advising the company on the sale, the fourth and fifth sources said.
by Hanna Gezelius, Amy-Jo Crowley, Auri Aittokallio, Carl-Johan Kullving and Emma-Victoria Farr Nordic sponsor EQT Partners [STO:EQT] has mandated Houlihan Lokey to exit StormGeo, two sources familiar with the situation said. The auction for the Norwegian weather forecasting service firm is set to commence towards the end of 2020, one of these sources and a third source familiar said.
by Micaela Osella and Valentina Caiazzo in Milan Bialetti Industrie [BIT:BIA], a Sculptor Capital Management-backed Italian coffee-machine manufacturer, is working with advisor Studio Zulli to find a new investor, several sources told Mergermarket.
by Pablo Mayo Cerqueiro Monument Re, a Bermuda-based reinsurer and insurance consolidator, has several acquisitions in its pipeline, two of which could be signed before year-end, Group CEO Manfred Maske told Mergermarket.
by Deborah Balshem in Fort Lauderdale and Claire Rychlewski in Chicago Elite Dental Partners is exploring strategic options to reduce its debt load after the company's financials saw a hit from the coronavirus pandemic, four sources familiar with the matter said.
by Adam Orlando in Perth Invigor Group, the Australian data and analytics solutions company, will call a new shareholders meeting in the next two to three months to seek approval for modified recapitalization measures, including a capital raise, CEO Gary Cohen said.
by Nate Trela in Denver Whiting Petroleum, the Denver-based upstream oil and gas company, is most likely to position itself as a pure play target, according to a sector executive and a sector attorney following the company.
