PEI Staff
Europe’s leading financial buyers are preparing bids for Legrand, the French electrical equipment maker.
The bank’s principal finance group has sold its Inn Partnership estate of pubs to Pubmaster in a £523m deal.
The buyout firm has acquired the ground handling business of Swissair Group despite unforeseen delays.
The German private equity house found 2001 tough going, but says it is ready to recover if market conditions improve in 2002.
The private equity firm has sold Eurocom Depora, a provider of data storage, to the Finnish postal service for an undisclosed sum.
The private equity firm’s debt management arm has announced a E250m tap issue for Duchess I, Europe’s largest CDO fund investing in LBO-related debt.
Jane Fisken of DrKC argues that European investors are getting better at providing companies with enough cash to concentrate on growing their businesses.
The Munich-based insurer has unveiled Allianz Venture Partners, a E300m early stage investment vehicle, to complement its existing private equity business.
Advent invests in business continuity; TVM and Allianz buy into SwissRisk
Prudential’s European property private equity unit has advised on an investment in a portfolio of 200 units of residential real estate units across Germany.