US buyout firm TPG Capital has abandoned its second bid for a national carrier this year, as the consortium it formed alongside UK airline British Airways has walked away from its bid for Spanish rival Iberia.
2 min read · 04 January 2013
Taking advantage of a lull in criticism of the industry, the BVCA is moving on to the front foot in the debate about the industry’s contribution.
2 min read · 04 January 2013
The credit crunch is causing firms to work in partnerships with other bidders even in the lower mid-market.
1 min read · 04 January 2013
The largest Islamically funded leveraged buyout debt in the UK has been syndicated by German bank West LB to investors in the Middle East, some of whom do not participate in Western market debt syndication for religious reasons.
2 min read · 04 January 2013
South Korea’s National Pension Service has sparked off a fundraising drive for buyouts in South Korea shortly after US buyout firm Lone Star was found guilty of stock price manipulation in the country.
1 min read · 04 January 2013
Ernst & Young veteran John Harley has landed a top private equity role and he is looking forward to helping advance the transparency debate surrounding sovereign wealth funds.
2 min read · 04 January 2013
Barclays Private Equity’s sale of women’s shoe company Kurt Geiger to Graphite Capital comes despite the worrying storm clouds gathering around the UK retail sector.
1 min read · 04 January 2013
The listed affiliate of the US buyout firm has delayed payment on debt relating to two asset-backed vehicles for the second time. KKR Financial raised $500 million in funds last year following losses related to the US mortgage sector.
1 min read · 04 January 2013
The BC Partners-led consortium has pulled off its YTL3.9 billion bid for Migros Türk in the face of strong competition including The Blackstone Group and Kohlberg Kravis Roberts. It is Europe’s largest deal since credit markets seized up.
2 min read · 04 January 2013
EQT, the Nordic alternative asset manager, has sold a five year old Finnish investment five months after wide-ranging departures from its Finnish office.
1 min read · 04 January 2013
