London-listed private equity firm 3i is among potential bidders for UK-based estate agency Foxtons, according to a source familiar with the situation. The interest comes three weeks after 3i’s failed Countrywide bid.
1 min read · 03 January 2013
ABN AMRO Capital has bought Dutch manufacturer Vetus Den Ouden and a stake in Dutch media company Sdu on the same day. The investments are the firm’s second and third domestic deals of 2007.
2 min read · 03 January 2013
Mezzanine Management, Europe’s oldest independent mezzanine investor, has sold XServ, a US provider of maintenance services to chemical and industrial facilities, to Texan trade buyer The Brock Group.
1 min read · 03 January 2013
Qatar’s state investment fund is looking to build its own strategic stake in Sainsbury’s, and is not in talks with Marks & Spencer for a joint bid, as was reported at the weekend.
1 min read · 03 January 2013
European venture capital firm Advent Venture Partners has invested $5m in The Fizzback Group, a customer feedback provider. The firm has become a minority shareholder alongside angel investors.
1 min read · 03 January 2013
Northern European private equity firm EQT has bought Dako, a Danish cancer diagnostics company, for DKK 7.3 billion (€980 million).
1 min read · 03 January 2013
Swedish pension fund AP3 is looking to increase its allocation to private equity to 6.5 percent of its portfolio. Under the rules of the national pension system, the AP funds are supposed to invest a maximum of 5 percent in the asset class.
2 min read · 03 January 2013
Gulf Finance House, an Islamic investment bank, has created a separate private equity division, to be headquartered in London, and has recruited Joe McGrane from RBS to head it.
1 min read · 03 January 2013
Alto Partners, a Milan-based private equity firm, has made its final close of Alto Capital II. The fund was targeting €150m, but the final amount has not been disclosed.
1 min read · 03 January 2013
UK mid-market firm Bowmark Capital has completed its fourth deal in the schools travel sector with the acquisition of Kuoni Travel’s School and Student Tours business for an undisclosed amount.
1 min read · 03 January 2013
