Asset Allocation
CPPIB, Silver Lake Acquire Qualtrics for $12.5 Billion
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
Tag: Acquisition
Newsmakers
Swedish Pension Fund AP7 Sues Microsoft, Activision Over Takeover Deal
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
Newsmakers
Inside the World of Private Equity: Anxiety, Elation and Sangfroid
The hot asset class for allocators, PE is its own world, according to an insider’s book.
Buyout Deadlines: Hundreds of SPACs Face Shutdowns if They Can’t Deliver
The mauled blank check funds have a ticking clock: Deliver promised acquisitions or be liquidated.
Regulation
DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe
Legal action could influence whether the European Commission approves the $30 billion acquisition.
Asset Management Culture
Pattern Energy Calls Lawsuit Challenging CPPIB Acquisition a ‘PR Stunt’
Water Island Capital, which owns 4% of the firm, says the offer price is too low.
Mercer’s Parent Company Buys UK Rival for $5.7 Billion
The firm will expand its reach into the British pension advisor market.
Newsmakers
Ontario Teachers’ Buys Mémora Funeral Services Company
Deal also made with Ontario Municipal Retirement System’s infrastructure arm to sell British rail link.