The Blackstone Group’s forthcoming public offering might be the first casualty of US legislation aimed at tightening the tax treatment of private equity, according to reports.
2 min read · 03 January 2013
US diplomat Jack Rosen has joined the advisory board of Altimo, a London-based group that specialises in telecoms investments in emerging markets.
1 min read · 03 January 2013
Bear Stearns Private Equity, a listed fund of funds, hopes to raise another $300 million through a placement on the London Stock Exchange.
2 min read · 03 January 2013
Shares in UK clothing retailer Next hit an all-time high on Wednesday morning, following speculation that it could be the next target for a private equity bid.
2 min read · 03 January 2013
US buyout firm Kohlberg Kravis Roberts has signed yet another mega-deal, agreeing to pay $29 billion for First Data, a US listed electronic payments business. It has now signed up to over $100 billion of deals in a matter of weeks.
2 min read · 03 January 2013
Apax Partners has looked to bolster the US presence of portfolio company Travelex by bolting on Ruesch International, a rival payment services business owned by Welsh Carson Anderson & Stowe.
2 min read · 03 January 2013
Shares in Kingfisher soared today after reports that Goldman Sachs’s private equity arm is considering a bid for the company.
1 min read · 03 January 2013
NBGI Private Equity has benefited from Duke Street’s attempts to consolidate the chilled foods sector, making a sizeable return on the £22 million sale of Brambles Foods to Food Partners.
2 min read · 03 January 2013
Shares in Sainsbury’s, a UK retail chain at the centre of a controversial £10 billion private equity bid, slid this morning as two more of the buyout firms involved reportedly pulled out of the deal. The news followed continuing opposition from pension fund trustees and minority shareholders.
2 min read · 03 January 2013
Warburg Pincus, one of the most experienced Asian private equity investors, has strengthened its regional team with the hire of ex-McKinsey director Leo Puri.
2 min read · 03 January 2013
