M&A News 09/04

• Blackstone agreed to acquire Apartment Income REIT, an owner of upscale apartments, in a ~$10B deal (Wall Street Journal) 

• Investment firm Motive Partners is considering a bid for $4.6B UK-based mutual funds distributor Allfunds Group, which is gauging takeover interest (Bloomberg) 

• EQT agreed to acquire a majority stake in Spain's Universidad Europea from PE firm Permira in an over $2.2B deal, including debt (Reuters) 

• French media group Vivendi's Canal+ made an all-cash mandatory offer to buy all the shares of South African broadcaster MultiChoice it doesn’t already own for $1.9B (Reuters) 

• PE firm Vista Equity Partners will take revenue optimization platform Model N private in a deal $1.3B all-cash deal (TechCrunch) 

• Rates and credit trading platform Tradeweb Markets will purchase investment technology firm Institutional Cash Distributors for ~$785M (Reuters)

• UBS is in talks to gain full ownership of its China securities unit by swapping its local Credit Suisse securities venture with a China-owned investment fund (Bloomberg)

• Road King Infrastructure and CVC Capital Partners are considering options for their holdings in Indonesian toll roads (Bloomberg) 

• Abu Dhabi investment firm Lunate and a Saudi conglomerate Olayan Financing Company bought a 49% stake in ICD Brookfield Place in one of the largest CRE deals since 2020 (Bloomberg)