LONDON: Private-equity firms clinched more than US$30bil of deals around the world last week, raising hopes for a recovery in mergers and acquisitions (M&A) following a slow first half of the year.
TPG Inc and CVC Capital Partners Plc announced two purchases apiece in the span of a few days, while Brookfield Asset Management and EQT AB moved forward with major buyouts of public companies. Advent International, Cinven and PAI Partners were among those making significant divestments, showing they’re able to return capital to investors at a time when many other sale processes are floundering.
