Charlie McCreevy, the European Union’s internal market commissioner, has leapt to the defence of the private equity and hedge fund industries, while criticising their public relations efforts.
2 min read · 04 January 2013
Blackstone and the Wallenbergs take an early lead in the €3 billion race for Mölnlycke, a Swedish medical products manufacturer.
1 min read · 04 January 2013
European buyout firms expect the current pace of deals to continue for at least two years.
2 min read · 04 January 2013
Blackstone has hit back at a rival consortium by sweetening its own offer for US real estate business Equity Office Properties, ahead of tomorrow’s crucial shareholder vote.
2 min read · 04 January 2013
Dubai International Capital has withdrawn its proposed £450 million bid for Liverpool, English football’s most successful club side, after the board failed to agree to the terms of its buyout offer.
2 min read · 04 January 2013
The UK’s industry body is set to meet with trade union representatives, as two Labour deputy leadership candidates support union opposition to private equity.
2 min read · 04 January 2013
Liverpool has become the third English football club to come under US ownership, after accepting a £470 million takeover bid from US private equity veteran Tom Hicks and compatriot George Gillett. The deal will help the club finance a new stadium.
2 min read · 04 January 2013
The two buyout firms are creating one of Europe’s largest waste management companies offering everything from collection and treatment of waste to recycling and consultancy.
2 min read · 04 January 2013
The Carlyle Group is teaming up with UK aerospace group BAE Systems to bid for a UK nuclear submarine base.
2 min read · 04 January 2013
3i has launched a new growth capital team in the US, as it looks to repeat its European success in the competitive mid-market space.
2 min read · 04 January 2013