Shares in building supplies group Wolseley rose as much as 8 percent this morning following reports that buyout firm Cinven is preparing a bid for the company, but Wolseley has denied receiving any approach.
2 min read · 04 January 2013
Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
2 min read · 04 January 2013
US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.
2 min read · 04 January 2013
The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.
2 min read · 04 January 2013
Private equity investors continue to increase their exposure to emerging markets – particularly China and India – resulting in a record fundraising year.
2 min read · 04 January 2013
Falling return expectations could limit the number of attempted public-to-private deals in 2007, according to a new report.
3 min read · 04 January 2013
New research on the venture capital market provides some grounds for optimism, as an increase in typical deal size takes investment levels to a four-year high despite fewer deals taking place.
3 min read · 04 January 2013
Google has revealed that its acquisition of YouTube last year netted a return of nearly $500 million for Sequoia Capital, the US venture capital firm behind the video sharing website.
2 min read · 04 January 2013
3i will look to raise £1.3 billion by floating an infrastructure fund on the London Stock Exchange, which will acquire 3i’s current portfolio of assets in the sector.
2 min read · 04 January 2013
3i’s listed infrastructure fund, which will float in March, hopes to raise up to £1.3 billion to invest in infrastructure assets in Europe, the US and India.
2 min read · 04 January 2013
