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Siemens Energy signs €7bn offshore power deal with TenneT.
Chinese chip rival to Samsung seeks IPO at $14.5bn value.
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Sagi’s investment firm Unikmind , which already owns 54.2% of Kape Technologies , made an offer of $3.60 per share, a month after the directors turned down a cash offer of $3.44 per share.
Kape’s independent directors have explored alternatives to the offer to realise greater value to shareholders, but no firm proposal from a third party has been received and the company is no longer in discussions with any third party.
Kape Technologies is advised by Citi (led by Yishai Fransis ), Shore Capital Markets (led by Simon Fine ) and Vigo Consulting (led by Jeremy Garcia ). Unikmind is advised by HSBC (led by Julian Wentzel ), Baker McKenzie (led by David Becker , Nick Bryans , Ben Wilkinson and James Thompson) and Alma Strategic Communications (led by Josh Royston ). Baker McKenzie is advised by Ashurst (led by Tom Mercer and Tim Rennie ).
TPG , a global alternative asset management firm, and AmerisourceBergen , an American drug wholesale company, agreed to acquire OneOncology , an oncology practices network, from General Atlantic , an American growth equity firm, for $2.1bn.
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“Our 2018 investment in OneOncology helped launch a shared vision to improve the future of cancer care amidst prevailing cost, quality and access issues. We are proud that this mission-driven approach has resulted in a leading oncology platform that empowers high-quality and innovative cancer care in the community setting. We wish Dr. Patton and the OneOncology team continued success in their next phase of growth,” Justin Sunshine, General Atlantic Managing Director.
OneOncology and General Atlantic are advised by Centerview Partners and Paul, Weiss, Rifkind, Wharton & Garrison LLP . TPG Capital is advised by Guggenheim Partners , Debevoise & Plimpton and Mintz Levin . AmerisourceBergen is advised by J.P. Morgan , Morgan, Lewis & Bockius LLP (led by Aaron Suh and Crystal Fang ) and Sidley Austin LLP .
Saudi Telecom, a digital enabler of telecommunications services, agreed to acquire tower assets from United Group, an alternative telecom provider, for $1.3bn.
“We are delighted to have successfully crystallized the value of our tower assets in a deal that enables us to delever and navigate global macroeconomic pressures,” Victoriya Boklag, United Group CEO.
Siemens Energy signs €7bn offshore power deal with TenneT.
Siemens Energy has won contracts worth almost €7bn ($7.68bn) as part of a consortium with Spain's DRAGADOS OFFSHORE to transport wind farm power to northern Germany.
Under the deal with Dutch electric grid company TenneT, the companies will supply technology for three offshore grid connections in the North Sea, Siemens Energy said in a statement, Reuters reported.
Chinese chip rival to Samsung seeks IPO at $14.5bn value.
ChangXin Memory Technologies, Inc. plans to file for a domestic initial public offering this year that could value the Chinese chipmaker north of $14.5bn, a milestone debut that could help galvanize the country’s technology aspirations, Bloomberg reported.
The memory chip maker known as CXMT aims to list on Shanghai’s Nasdaq-style STAR board at a valuation of no less than RMB100bn ($14.5bn).
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