TPG's $800m pure equity stake in the country's biggest pharmaceutical distributor should allow the global buyout firm to tap into the fast-growing Russian market.
2 min read · 04 January 2013
A document published before the accounts released today showed Stefano Pessina, Boots’ executive chairman and the manager at the centre of Kohlberg Kravis Roberts’ take-private, would reap £600 million from the delisting.
2 min read · 04 January 2013
The US buyout firm’s decision not to increase its £3.5bn bid has dimmed shareholder hopes for a deal as Friends Provident has said it will not open its books at this price.
2 min read · 04 January 2013
Despite the credit squeeze the European mid-market continues to recruit.
1 min read · 04 January 2013
Google luminary Douglas Merrill has been recruited by Terra Firma to oversee EMI’s digital music strategy in a newly formed digital music division, as the UK buyout firm’s cost-cutting continues apace.
2 min read · 04 January 2013
Standard Life European Private Equity Trust has seen an increase in net asset value, though its chairman says problems in the global credit markets will mean a quieter period for draw-downs and distributions.
2 min read · 04 January 2013
Andrew Tisdale has joined media specialist Providence Equity Partners having occupied many of the key positions in the communications sector at the investment bank.
1 min read · 04 January 2013
European mid-market firm Industri Kapital has made its second acquisition of the year.
1 min read · 04 January 2013
Swedish buyout firm Ratos and global investment firm 3i have reaped Skr500 million each with the recapitalisation of Swedish manufacturing company DIAB.
1 min read · 04 January 2013
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 04 January 2013
