Bill Gates and Saudi Prince Alwaleed Bin Talal have backed a $3.8 billion take-private of Four Seasons, a chain of 74 luxury hotels.
2 min read · 03 January 2013
Carlyle’s attempts to increase its footprint in Asia have suffered a further setback, after an independent committee voted to cancel its exclusive bidding arrangement with Taiwanese firm Adavanced Semiconductor Engineering.
1 min read · 03 January 2013
Permira head Damon Buffini has spoken out in defence of private equity, as trade union opponents continue their campaign to denigrate the industry.
3 min read · 03 January 2013
Australian retailer Coles Group has again shunned its private equity suitors, reportedly insisting that it cut its bidding consortium from five firms to four. The move will fuel the ongoing debate about club deals.
2 min read · 03 January 2013
Private equity firms are amongst the favourites to buy the education arm of Reed Elsevier, after the publishing company said it was putting the division up for sale.
2 min read · 03 January 2013
Jupiter Asset Management, the Commerzbank-owned fund manager that is currently mulling its strategic options, has become the latest buyout target of The Blackstone Group.
1 min read · 03 January 2013
Apollo Management now has the financing in place to launch its £1 billion bid for UK estate agency chain Countrywide.
1 min read · 03 January 2013
HgCapital has completed its exit from the Hirschmann Group, selling the car communication division to management for an undisclosed sum.
1 min read · 03 January 2013
Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
2 min read · 03 January 2013
US buyout firm General Atlantic is reportedly considering a flotation of Xchanging, the UK-based outsourcing business.
1 min read · 03 January 2013
