The UK retailer will open its books to Kohlberg Kravis Roberts, after the buyout firm increased its bid to £10.40 per share or £10.1 billion.
1 min read · 04 January 2013
3i-backed Quadriga Capital Russia has sold off a 52 percent stake in JSC Morion to the banking arm of Gazprom.
1 min read · 04 January 2013
Mezzanine specialist Intermediate Capital has appointed a new head of investor relations, as it looks to enhance its transparency to institutional backers.
1 min read · 04 January 2013
Carlyle’s attempts to increase its footprint in Asia have suffered a further setback, after an independent committee voted to cancel its exclusive bidding arrangement with Taiwanese firm Adavanced Semiconductor Engineering.
1 min read · 04 January 2013
Private equity firms are amongst the favourites to buy the education arm of Reed Elsevier, after the publishing company said it was putting the division up for sale.
2 min read · 04 January 2013
Permira head Damon Buffini has spoken out in defence of private equity, as trade union opponents continue their campaign to denigrate the industry.
3 min read · 04 January 2013
Apollo Management now has the financing in place to launch its £1 billion bid for UK estate agency chain Countrywide.
1 min read · 04 January 2013
STAR Capital Partners, a UK-based fund that specialises in capital-intensive infrastructure investments, has bought and merged two flight simulator businesses as it continues to tap into the airline industry’s trend towards outsourcing.
2 min read · 04 January 2013
Private equity interest in the computer chip manufacturing sector shows no sign of waning, with reports that Infineon, a listed German company, is the target of several leading buyout groups.
1 min read · 04 January 2013
Australian retailer Coles Group has again shunned its private equity suitors, reportedly insisting that it cut its bidding consortium from five firms to four. The move will fuel the ongoing debate about club deals.
2 min read · 04 January 2013