The private equity consortium circling Sainsbury, a UK supermarket chain valued at about £10 billion, has been given until April 13 to decide whether or not to bid for the company
1 min read · 04 January 2013
An increased appetite for emerging markets – particularly China and India – saw investors pour record sums into private equity funds targeting these regions last year.
1 min read · 04 January 2013
Allianz Private Equity Partners has raised an €823 million fund-of-funds, which it will use to invest in buyout and venture funds worldwide.
1 min read · 04 January 2013
Blackstone may look to sell or float Travelport, a holiday company it bought for £2.3 billion just eight months ago.
1 min read · 04 January 2013
UK retailer Marks & Spencer has ruled out an imminent bid for supermarket chain Sainsbury, removing a major obstacle to a potential offer from the CVC-led buyout consortium eyeing the company.
2 min read · 04 January 2013
The GMB trade union hopes Tom Hicks, Liverpool Football Club’s new owner and former head of Hicks Muse, will have more than European glory on his mind tonight. The union is planning to stage another protest against Hicks during the club’s European cup tie against Barcelona.
2 min read · 04 January 2013
The Blackstone Group is leading the €10 billion chase for the Chrysler car-making division of German automotive group DaimlerChrysler, although it may face competition from Cerberus and General Motors.
2 min read · 04 January 2013
Enterprise, a UK maintenance group, has confirmed that it is in discussions with 3i about a revised 605p-per-share bid, a 5 percent increase on the buyout group’s original offer.
2 min read · 04 January 2013
The Blackstone Group’s hectic pace of deal-making shows no sign of slowing down, as the buyout group completes a $2.16 billion deal for US group Pinnacle Foods.
2 min read · 04 January 2013
UK buyout firm Bridgepoint Capital has opened a new office in Poland and recruited Khai Tan from Advent International to run it.
2 min read · 04 January 2013