French buyers in online auctions will have to pay value-added tax, a Paris court has ruled.

Chancellor of the exchequer, Gordon Brown, yesterday set the terms for a review of institutional investment in Britain, first announced in last month’s budget statement.

Mercury Private Equity announced yesterday it had invested 13m euros in Trados, a provider of translation software solutions for some of the world’s biggest companies.

A leading US investment banker has dismissed Internet initial public offerings (IPOs) as "just another electronic distribution platform."

PrivateEquityOnline spoke recently to Neil Richardson, a director in the London office of Kohlberg Kravis Roberts & Co, about what the US buyout firm is up to in Europe.

The aerospace group is discussing a possible deal with Cinven.

The German VC has secured E300m from investors for its now closed TVM IV fund.

ICL has sold the logistics division of its services arm.

Natwest Equity Partners (NWEP) has acquired a leading French householder European Homes for an undisclosed sum, following a management buyout of the company.

EPO.com and Virtuelles Emissionshaus will merge so they can offer electronic public offerings on a pan-European basis.