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Citi to slash lending to buyout funds as new capital rules bite [buyout/ takeover]

Bank preparing to reduce size of ‘subscription line’ book from $65bn to $20bn Source Author: unknown

Kohl’s sees push from activist investor for removal of CEO, Chairman (update) [Activist Investor]

Activist investor Ancora Holdings, one of the hedge funds that pushed for a board shake-up at Kohl's (NYSE:KSS) last year, is now advocating for the the ouster of the retailers' CEO and board...

FTC Not Done Targeting Specific Corporate Execs [Law360: Mergers & Acquisitions]

By Bryan Koenig (September 20, 2022, 10:03 PM EDT) -- U.S. Federal Trade Commission Chair Lina Khan told lawmakers Tuesday the agency is just getting started targeting individual company executives...

Antitrust regulators expand their global reach. [NYT > Mergers, Acquisitions and Divestitures]

The European Union’s competition authority blocked a merger of Illumina and Grail, even though Illumina said Grail had no business in Europe. Source Author: Ephrat Livni

PE Firm Baring Raises About $11bn for Its Largest Fund [buyout/ takeover]

Baring Private Equity Asia has gathered about $11bn as it wraps up commitments for a fund that’s set to be the biggest pool of capital in the firm’s history, according to people familiar with...

Nielsen Shareholders Approve $16bn Sale to Private Equity [Private Equity Insights]

Nielsen Holdings said that shareholders have voted to approve a $16bn transaction in which the measurement company would be acquired by a private equity group led by Elliott Investment Management...

Meta Has No Plans To Settle FTC’s VR Merger Challenge [Law360: Mergers & Acquisitions]

By Bryan Koenig (September 2, 2022, 7:15 PM EDT) -- A Meta Platforms Inc. attorney told a Federal Trade Commission in-house judge Friday that the Facebook successor is unlikely to settle the...

Kohl’s jumps on report of $2B offer for real estate [M A News on Seeking Alpha]

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Reuters: Private equity bidders weigh offers valuing Toshiba at up to $22bn

KKR, Baring Private Equity Asia, Blackstone, Bain Capital, Brookfield Asset Management, MBK Partners, Apollo Global Management and CVC have submitted initial bids, sources said. Source

Kellogg’s to split into three separate food businesses, all public

Kellogg plans to split into three public companies, keeping a core global snacking business while spinning off the North American cereal brands with which the maker of Corn Flakes began and a smaller...