The Blackstone Group’s hectic pace of deal-making shows no sign of slowing down, as the buyout group completes a $2.16 billion deal for US group Pinnacle Foods.
2 min read · 03 January 2013
Blackstone chief executive Stephen Schwarzman has argued that public markets are not a viable source of capital for buyout firms, suggesting that Kohlberg Kravis Roberts’s $5 billion listed vehicle soaked up all the available liquidity.
1 min read · 03 January 2013
Duke Street Capital has edged ahead of other trade and financial buyers as it tries for a second time to buy Burton’s Foods, a snack maker valued at about £200 million.
2 min read · 03 January 2013
UK buyout firm Bridgepoint Capital has opened a new office in Poland and recruited Khai Tan from Advent International to run it.
2 min read · 03 January 2013
Blackstone has hit back at a rival consortium by sweetening its own offer for US real estate business Equity Office Properties, ahead of tomorrow’s crucial shareholder vote.
2 min read · 03 January 2013
Liverpool has become the third English football club to come under US ownership, after accepting a £470 million takeover bid from US private equity veteran Tom Hicks and compatriot George Gillett. The deal will help the club finance a new stadium.
2 min read · 03 January 2013
The Canadian pension fund has enjoyed strong gains from its real estate and private equity investments, allowing it to post an overall return of 16.4 percent.
2 min read · 03 January 2013
Eurazeo, Bridgepoint and TDR are reportedly leading the chase for Apcoa, the Investcorp-backed car park company, after NCP and Macquarie dropped out.
1 min read · 03 January 2013
STAR Capital Partners, a UK-based fund that specialises in capital-intensive infrastructure investments, has bought and merged two flight simulator businesses as it continues to tap into the airline industry’s trend towards outsourcing.
2 min read · 03 January 2013
Leading advisers to private equity are beginning to come out in support of the industry, following a wave of recent criticism.
2 min read · 03 January 2013
