Bear Stearns Merchant Banking has provided another demonstration of private equity’s appetite for healthcare businesses, buying US-based Universal Hospital Services for $712 million.
2 min read · 04 January 2013
The private equity and venture capital backers of DocMorris, one of the biggest pharmacy brands in Europe, have secured a lucrative sale of the business to Celesio, Europe’s biggest pharmaceutical distributor.
2 min read · 04 January 2013
Some of the world’s biggest buyout firms are set to fight it out for the $3.5 billion-valued higher education division of publishing company Thomson, in the latest demonstration of private equity’s appetite for the sector.
2 min read · 04 January 2013
The Private Equity Foundation, the industry’s recently-launched charitable initiative, has hired Shaks Ghosh, the former head of homelessness charity Crisis, to be its first chief executive.
2 min read · 04 January 2013
Three Delta, a Qatar-based investment group, has bought a 15 percent stake in UK retailer Sainsbury’s, increasing the pressure on the board to realise greater value from its real estate assets.
2 min read · 04 January 2013
Wendel, the French-listed investment group, is continuing its efforts to expand outside its home market by launching an Asia-Pacific operation and recruiting Philippe Donnet to run it.
1 min read · 04 January 2013
The Bank of England’s monthly financial stability report has warned that the recent meltdown in the US sub-prime mortgage sector could be repeated in the UK, as leveraged lenders exploit the benign economic conditions to increase their risk-taking.
2 min read · 04 January 2013
US venture capital firm Draper Fisher Jurvetson has led a first round of funding for CastTV, a video search engine company that has various internet business luminaries on its board.
1 min read · 04 January 2013
India continues to be an increasingly attractive prospect for venture capitalists. The first quarter saw an increase in investment, while the number of successful exits offers further cause for optimism.
3 min read · 04 January 2013
Shares in Australian retailer Coles Group continued to climb as a A$20 billion bidding war between local rival Wesfarmers, a Kohlberg Kravis Roberts-led buyout consortium, and other international trade players looked increasingly likely.
2 min read · 04 January 2013
