Shareholders in Partners Group, the Swiss alternative asset manager, are set for a €43 million payout after the company enjoyed a highly successful first year as a listed entity.
2 min read · 03 January 2013
French IT firm Atos has denied receiving a €4 billion buyout offer from Permira and US hedge fund Centaurus Capital, in what would be an unusual example of a private equity firm and a hedge fund working together to take a company private.
2 min read · 03 January 2013
Icelandic investor FL Group has bought the French soft drinks business Sun Beverages for an undisclosed sum, its third bolt-on acquisition in two months for expanding portfolio company Refresco.
1 min read · 03 January 2013
SVG Capital has reaped the rewards of backing UK buyout firm Permira – the group has out-performed the stock market by about ten per cent a year since 1996, and saw a 24 percent rise in net asset value in 2006. However, it warned of trickier times ahead.
3 min read · 03 January 2013
Charlie McCreevy, the European Union’s internal market commissioner, has reiterated his support for the private equity industry, while conceding that the industry has a lot of work to do to convince sceptics that it is a force for good.
2 min read · 03 January 2013
CCMP Capital Advisors, a US-based buyout firm with a long track record in Asia, has won the €685m auction for BOC Edwards, a vacuum equipment business with a large customer base in the region.
2 min read · 03 January 2013
TPG and Macquarie’s troubled bid to take Australian airline Qantas private has taken another twist, after news emerged that UBS has acquired a blocking stake.
2 min read · 03 January 2013
Aksìa Capital, an Italian mid-market private equity firm, has attracted some illustrious new investors to its third buyout fund, which closed at €150 million.
1 min read · 03 January 2013
Alliance Boots has rejected a £10 billion buyout proposal from Kohlberg Kravis Roberts following a board meeting today, after heavy trading saw its shares climb higher than the mooted bid level this morning.
2 min read · 03 January 2013
German media giant Bertelsmann has launched a new €1 billion buyout fund in conjunction with Citigroup and Morgan Stanley, to target “significant scale” deals. The first of these may already be in the pipeline.
2 min read · 03 January 2013