The buyout firm’s $3.67 billion take-private bid for the UK eyecare business looks set to succeed, after its major trade rival pulled its higher bid following a bad-tempered exchange.
2 min read · 04 January 2013
Jamie Dimon of JP Morgan has hit out at the proliferation of equity bridge facilities used on large buyout deals, suggesting that they are not good for the lending banks or the private equity sponsors.
2 min read · 04 January 2013
The pan-European trade body has urged caution after the UK Treasury Select Committee suggested private equity needed closer scrutiny. EVCA has taken the unusual step of wading into a national row because it believes any changes could have far-reaching consequences for the industry across Europe.
2 min read · 04 January 2013
The UK-based private equity group has lost 20-year veteran Jamie Paton, head of its Hong Kong office and the man charged with leading the firm’s investment activity in North Asia.
2 min read · 04 January 2013
Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.
1 min read · 04 January 2013
The European buyout arm of US bank Greenhill has joined forces with UK fund manager JO Hambro for its first deal since closing a £106 million fund this year. The pair have bought UK snooker club operator Rileys.
2 min read · 04 January 2013
AlpInvest Partners is set to open an office in London, as Europe’s biggest private equity investor continues to expand its global reach.
1 min read · 04 January 2013
Dice, the online recruitment business owned by General Atlantic and Quadrangle Group, floated at the top of its expected price range and saw its shares climb even higher in early trading.
1 min read · 04 January 2013
Candover has sold electronic publisher Bureau van Dijk to BC Partners, in a deal that will generate an IRR of 35 percent for the UK-based buyout firm.
2 min read · 04 January 2013
The pan-European trade body has urged caution after the UK Treasury Select Committee suggested private equity needed closer scrutiny. EVCA has taken the unusual step of wading into a national row because it believes any changes could have far-reaching consequences for the industry across Europe.
2 min read · 04 January 2013
