The founders of Index Ventures-backed internet site Last.fm have sold the business to US television network CBS for $280 million. The sale has reportedly generated a $56 million profit for Geneva-based Index Ventures.
1 min read · 03 January 2013
Hungarian Telephone & Cable has bought Invitel, a national telecoms business, for €470 million.
1 min read · 03 January 2013
Buyout firm Terra Firm has realised £200 million from the sale-and-leaseback of some of the property estate of UK off-licence chain Threshers.
1 min read · 03 January 2013
UK mid-market firm Lion Capital has recruited Mary Minnick from Coca-Cola as a partner – the second senior executive from the company to leave for private equity this year.
1 min read · 03 January 2013
3i, a listed European private equity group, has partnered with the India Infrastructure Finance Company for future infrastructure deals in the country.
1 min read · 03 January 2013
Adconion Media, a German online advertising network, has received a commitment from Wellington Partners, a pan-European venture capital firm, of an undisclosed amount.
1 min read · 03 January 2013
The shareholders of Singaporean engineering company MMI have accepted a take-private bid from Kohlberg Kravis Roberts. The S$1.65 per share offer values the company at about $660 million.
1 min read · 03 January 2013
Aureos Capital, an emerging markets private equity firm, is raising a $100m fund for investments in central Asia as it seeks to capitalise on the region’s thriving SME sector.
1 min read · 03 January 2013
Buyout firm Bridgepoint Capital has emerged as the preferred bidder for UK-based Leeds Bradford Airport. Its offer, which according to reports is worth about £130 million, has trumped that of four other bidders.
1 min read · 03 January 2013
Altadis, the Spanish cigarette maker that CVC, PAI and Cinven are stalking, has reportedly met with Imperial Tobacco to re-think a takeover by the UK trade buyer.
1 min read · 03 January 2013
