The GMB, which has been at the forefront of recent trade union attacks on the private equity industry, said today it would seek to ’build a constructive dialogue’ with Permira, following a meeting with boss Damon Buffini.
2 min read · 03 January 2013
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower - the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.
2 min read · 03 January 2013
Auto Trader, a car sales business owned by the UK-based Guardian Media Group, is expected to be valued at up to £1.3 billion when final bids are submitted tomorrow. The price has reportedly frightened off one interested party.
2 min read · 03 January 2013
Buyout firms Cognetas and Sagard have triumphed in the race to buy Desjonquères, the bottle-making division of French group Saint-Gobain.
1 min read · 03 January 2013
The Carlyle Group has sweetened its offer to secure a take-private deal for Freeport, a £155 million European retail park developer, after talks seemed to have stalled.
2 min read · 03 January 2013
The Carlyle Group and Riverstone Holdings have teamed up to back The Ensus Group, which is planning to build the UK’s first bioethanol plant.
2 min read · 03 January 2013
Orica, an Australia-listed explosive maker, has seen its share prices jump by more than twenty percent after rejecting a A$10 billion proposal from a private equity consortium.
1 min read · 03 January 2013
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 · 03 January 2013
Cadbury Schweppes has announced plans to split its beverage and confectionery units into two separate businesses, amid speculation that private equity firms are planning bids for at least one of the divisions.
2 min read · 03 January 2013
General Atlantic portfolio company Xchanging, an IT outsourcing business, has confirmed plans for a London listing that could value it at £500 million.
1 min read · 03 January 2013
