Saga, the UK leisure group owned by Charterhouse Capital Partners, is considering a £2.5 billion flotation on the London stock market, which could yield a lucrative return on the buyout firm’s initial investment.
2 min read · 03 January 2013
US buyout firm Apollo Management may follow Blackstone’s lead by listing on the New York Stock Exchange, according to reports.
2 min read · 03 January 2013
Taiwanese chip-testing company ASE, which yesterday forced The Carlyle Group to abandon a $6 billion buyout offer, is reportedly attracting the attention of four new suitors.
1 min read · 03 January 2013
UK-based Coller Capital has closed a $4.5 billion secondaries fund, the biggest ever raised. The fund was nonetheless substantially over-subscribed.
2 min read · 03 January 2013
US media and communications specialist Veronis Suhler Stevenson is buying a minority stake in Zed, a leading Spanish mobile content provider valued at about €400 million. It is the firm’s first investment in the country.
2 min read · 03 January 2013
The Blackstone Group will this week make its third attempt to float Cineworld, a UK cinema group expected to be valued at about £240 million. The buyout firm has already cancelled two previous public offerings because of adverse market conditions.
1 min read · 03 January 2013
UK buyout firm TowerBrook Capital has recruited a new chief executive to run luxury goods retailer Jimmy Choo, allowing former head Robert Bensoussan to explore further acquisitions in the sector alongside the buyout firm.
2 min read · 03 January 2013
Kohlberg Kravis Roberts has struck a knockout blow in the battle for UK health and beauty chain Alliance Boots this morning, after sweetening its bid to £11 billion and increasing the stake it controls to about 25 percent.
2 min read · 03 January 2013
UK hedge fund group CQS has hired Chris Cooke, a former fundraiser at Lehman Brothers, into a senior marketing role.
1 min read · 03 January 2013
European social networking site Netlog has just received its first round of funding from European venture capital firm Index Ventures. Its success in rolling out its model across different geographies illustrates how European venture firms can help local firms become global winners, says James Taylor.
3 min read · 03 January 2013