The Abraaj Group and CDC have invested an undisclosed amount into Rainbow Hospitals, a 450-bed paediatric and maternity healthcare business based in the southern Indian state of Andhra Pradesh. www.rainbowhospitals.in
CVC Capital Partners has agreed to acquire Domestic & General, a UK-based provider of warranty and product protection services, from Advent International for approximately £750 million. Goldman Sachs managed the process. Advent had acquired D&G in 2007 for £524 million.www.adventinternational.com
Parsley Energy LLC, a Midland, Texas-based oil rig operator, has raised $65 million in preferred equity from Natural Gas Partners. www.parsleyenergy.com
Parthenon Capital Partners has acquired eSecLending, a Boston-based securities lending agent, from TA Associates. No financial terms were disclosed. www.eseclending.com
Steinway Musical Instruments Inc. (NYSE: LVB) said that it has received a $38 per share buyout offer from an unidentified “investment firm with over $15 billion under management,” which is 9% higher than a previously agreed-upon $438 million sale to private equity firm Kohlberg Co. The NY Post identifies the bidder as Paulson & Co. www.kohlberg.com
Triton Private Equity has agreed to acquire Alpine Energie from listed Spanish construction groupFCC. No financial terms were disclosed, but Reuters puts the price tag at nearly €100 million. Alpine Energie provides overhead power line and railway line construction, and construction and industrial engineering services. www.alpine-energie.de
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