Buyout

Endeavor to Execute Management-Backed Buyout of OpenBet and IMG Arena

1 month ago

In a significant development within the sports and entertainment sectors, Endeavor Group Holdings has announced its intention to pursue a management-backed buyout of OpenBet and IMG Arena. This strategic move reflects Endeavor's focus on streamlining its business operations and capitalizing on the lucrative potential of its sports betting and gaming arms.

Southwest Airlines Announces Buyout Offers Amidst Workforce Adjustments

1 month ago

In a strategic move to streamline operations and adjust its workforce, Southwest Airlines has announced that it will offer voluntary buyouts to employees at 18 of its key airports as well as at its headquarters. This decision comes as part of the airline's broader efforts to enhance efficiency in a competitive market environment.

Ares Banks Set to Finance KKR's Purchase of Minority Stake in Eni's Unit

2 months ago

In a strategic move that underscores the growing interest in energy and infrastructure investments, Ares Management Corporation has agreed to provide financial backing for KKR's (Kohlberg Kravis Roberts & Co.) acquisition of a minority stake in a subsidiary of Eni SpA, the Italian multinational oil and gas company. This transaction, valued at an estimated $800 million, reflects a robust appetite among private equity firms for energy assets, particularly those aligned with the transition to cleaner energy.

Aventiv Ventures Attracts Multiple Buyout Offers from Interested Parties

2 months ago

Aventiv Ventures, a prominent player in the technology and information sector, has recently informed its investors that various parties have expressed interest in acquiring the company. This potential buyout has stirred considerable excitement among stakeholders, indicating a significant move in the tech industry landscape.