JPMorgan Chase Nears Deal to Acquire Antin's French Cooling Network

JPMorgan Chase's asset management arm is near a deal to buy Antin Infrastructure Partners' French heating and cooling network operator, idex. If it proceeds, the transaction would value Idex at approximately €3.8 billion ($4.4 billion), according to a media report on Tuesday.

The report did not provide further details about the potential acquisition, such as the expected timeline for completion or any conditions that need to be met before the deal can proceed.