US firm Kohlberg Kravis Roberts has pulled out of the private equity consortium circling UK retailer Sainsbury’s, amid growing concerns that its ongoing bid for Alliance Boots could lead to competition issues.
1 min read · 04 January 2013
The Bank of Scotland has recruited private equity industry veteran Paul Brooks as a non-executive director to advise its integrated finance team.
1 min read · 04 January 2013
Fortress Investment has bought UK-listed reinsurer Alea for £162 million or 93 pence per share – a 65 percent discount on its issue price when Kohlberg Kravis Roberts floated the business in 2003.
1 min read · 04 January 2013
A newspaper study of 30 recent large buyouts in the UK has revealed that the companies involved have actually increased staff numbers by 25 percent under private equity ownership, contrary to recent trade union claims.
2 min read · 04 January 2013
Robert Tchenguiz has raised the stakes again in his increasingly fierce battle with Blackstone for tapas chain La Tasca, upping his original bid and buying a 20 percent stake in the business.
2 min read · 04 January 2013
US buyout group TA Associates has made its latest acquisition in the healthcare sector, buying disease management company Alere Medical. It is the firm’s third deal in three weeks.
1 min read · 04 January 2013
Carlyle Group co-founder David Rubenstein has warned that recent initiatives to improve transparency in private equity will never completely appease the industry’s critics, and suggested that a re-branding exercise may be necessary.
2 min read · 04 January 2013
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
2 min read · 04 January 2013
Australian bank Macquarie has criticised the Alinta board for recommending a rival bid led by Babcock & Brown.
1 min read · 04 January 2013
Bear Stearns Private Equity, a listed fund of funds, hopes to raise another $300 million through a placement on the London Stock Exchange.
2 min read · 04 January 2013
