Carlyle Group Bolsters Portfolio with Strategic KFC Korea Takeover The global private equity powerhouse, Carlyle Group, has successfully finalised its much-anticipated acquisition of KFC Korea, a move that significantly strengthens its presence within the vibrant Asian market. This landmark deal, reportedly valued at more than 200 billion South Korean won, marks a pivotal moment for…

Powering Pegasus: A New Era for Turkish Aviation Pegasus Airlines, a prominent low-cost carrier based in Turkey, has recently finalised a monumental agreement with CFM International. This significant deal, valued at approximately $5.9 billion, or around £4.7 billion, solidifies the airline’s long-term commitment to enhancing its operational capabilities and modernising its expanding fleet. The strategic…

Navigating Uncertainty: Foresight Solar Fund Faces Analyst Scrutiny Investment giant Jefferies has recently adjusted its recommendation for the Foresight Solar Fund Limited (FSFL), moving its rating from a previous “buy” to a more cautious “hold.” This significant shift in analyst sentiment follows the fund’s decision to temporarily halt the sale process for a selection of…

A Landmark Acquisition Reshaping Europe’s Cement Sector The European construction materials sector has recently witnessed a pivotal development with the announcement that Portugal’s industrial conglomerate, Semapa, is set to divest its cement manufacturing subsidiary, Secil. This significant transaction sees Spanish building materials giant Cementos Molins acquiring Secil for a staggering $1.64 billion, marking a substantial…