Solera Holdings Inc, which provides technology services to insurance companies, is in advanced talks to sell itself to private equity firms, according to a person familiar with the matter, Reuters reported.
Aabar Investments, one of Abu Dhabi’s top state investment firms with major stakes in companies including Dubai-listed builder Arabtec and Sir Richard Branson’s Virgin Galactic, appointed a new chief executive on Wednesday, Reuters reported.
Uber India also said on Wednesday that its U.S.-based parent had received fresh investment from Tata Opportunities Fund, a private equity fund linked to India’s Tata Capital. The companies did not disclose the amount, but a source close to the matter said it was between $75 million and $100 million, Reuters reported.
British state-backed lender Royal Bank of Scotland has sold its Luxembourg-based funds business to BlackFin Capital Partners, a private equity firm that specialises in financial services, Reuters reported.
Gene-sequencing giant Illumina Inc , private equity firm Warburg Pincus LLC and venture capital firm Sutter Hill Ventures have agreed to invest $100 million to seed a new consumer-facing human genome platform called Helix, according to people familiar with the deal, Reuters reported.
U.S. solar company SunEdison Inc said it would form a $1 billion warehouse investment vehicle along with funds managed by Goldman Sachs Group Inc to fund construction and buy operating assets, Reuters reported.