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Category: Deal News

Wells Fargo sells $600bn asset management arm to buyout firms GTCR, Reverence Capital Partners

Private equity firms GTCR and Reverence Capital Partners have agreed to carve out Wells Fargo Asset Management in a $2.1bn deal.

KKR creates Chile’s first open-access fibre business with $1bn Telefonica network stake buy

Private equity investment major KKR has agreed a roughly $1bn buyout of a majority stake in Telefónica's Chilean fibre optic network.