Brookfield Asset Management Ltd. is close to securing a $935 million loan to back its purchase of air cargo specialist World Freight Co., according to people familiar with the matter, the latest in a recent spate of acquisition financings in Asia.
Swedish buyout firm EQT AB is tapping funding from the Qatari sovereign fund as it prepares to make a binding bid for Volkswagen AG’s large marine engine unit by a deadline next month, people with knowledge of the matter said.
EQT AB has made a fourth and final bid to acquire Intertek Group Plc as the British product-testing company comes under increasing pressure from its investors to pursue a deal.
EQT AB raised its takeover offer for Intertek Group Plc as the private equity firm seeks to overcome repeated rejections from the UK product testing business.
Bain Capital and LY Corp. have submitted a joint offer to acquire Tokyo-listed Kakaku.com Inc., the $3.7 billion price comparison site operator fielding a takeover by EQT AB.
EQT AB raised its offer for Intertek Group Plc to roughly £8.9 billion ($12.1 billion) as it ramps up its efforts to acquire the British product-testing company.
