The proportion of European corporates rated as speculative grade has more than doubled in the last decade, according to ratings agency Standard and Poor’s – thanks largely to the growth of private equity.
2 min read · 04 January 2013
Alliance Boots, the UK retail chain that recently rejected a £10 billion buyout offer from Kohlberg Kravis Roberts, has lost one of its brokers to the bidding team, fuelling speculation that an improved offer may be forthcoming.
2 min read · 04 January 2013
Clayton Dubilier & Rice, a US buyout firm, is set to take advantage of growing private equity interest in wholesale and distribution businesses by selling Brakes, a UK catering business valued at about £1.2 billion.
1 min read · 04 January 2013
The Nordic buyout firm is overhauling its senior deal team in Finland, where it has not made an investment since 2005.
2 min read · 04 January 2013
The long-running sale of Jupiter Asset Management could finally reach a conclusion, after US buyout firm TA Associates emerged as the most likely backer of a €1 billion management buyout.
2 min read · 04 January 2013
Nordic buyout firm Industri Kapital has made its latest investment in the German industrial sector, buying process engineering business Schenck from UK-based HgCapital.
2 min read · 04 January 2013
Inflexion Private Equity has bought Aspen Pumps, one of Europe’s leading air conditioning businesses, in a deal worth about £25 million.
2 min read · 04 January 2013
Nordic buyout firm Industri Kapital has made its latest investment in the German industrial sector, buying process engineering business Schenck from UK-based HgCapital.
2 min read · 04 January 2013
Lone Star’s attempts to sell its controversial stake in Korea Exchange Bank are set to be delayed still further, just days after the firm’s office was raided by tax officials investigating its recent deals.
1 min read · 04 January 2013
Just as Lone Star seemed set to sell its controversial stake in Korean bank KEB, chairman John Grayken admitted that his firm’s Korean office had been raided by tax officials - who confiscated documents relating to its recent deals.
2 min read · 04 January 2013
