TL

Toby Lewis

Lion consortium buys largest Russian vodka company

The European buyout firm has partnered with Goldman Sachs and a rival vodka producer to buy Russian Alcohol Group, which has reached $500m of sales in just four years.

2 min read · 04 January 2013

Permira recruits Italian telecom veteran

The global buyout firm has hired Telecom Italia's former chief executive officer, Riccardo Ruggiero, as it continues to actively target the telecom, tech and media sectors.

1 min read · 04 January 2013

Doughty Hanson appoints governance specialist

The European buyout firm has boosted its team with an environmental and corporate social responsibility expert to further develop its focus on the environment and the community.

1 min read · 04 January 2013

Bridgepoint buys back UK clothing store debt

The buyout firm acquired the debt relating to its £360m buyout of Fat Face. Bridgepoint used its fund, unlike the first more controversial debt buyback by Danish telecoms company TDC, which funded its purchase from its balance sheet.

2 min read · 04 January 2013

Cinven to file Walker reports for all portfolio companies

The European buyout firm has gone beyond the Walker guidelines as it looks towards a global expansion into Asia and the US. These offices will be for investor relations purposes and for strengthening the portfolio.

2 min read · 04 January 2013

Stirling Square and Sirius buy Italian clothing company

The two firms plan to expand Jeckerson in Italy and internationally backing the company’s management with an increase in marketing and advertising budgets.

1 min read · 04 January 2013

Morgan Stanley closes $4bn infrastructure fund

The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.

2 min read · 04 January 2013

£3bn demand for Alliance Boots

The syndicating banks are now reconsidering the amount they want to sell as the planned £1bn syndication is over-subscribed at the discounted rate of 91 percent to face value. Some of the selling banks are reluctant to meet the demand.

2 min read · 04 January 2013

Baring Asia raises $1.5bn

Jean Eric Salata, the Asian firm’s chief executive, said investor demand had been particularly strong because of its low-leverage growth focus.

2 min read · 04 January 2013

LGV appoints Ivan Heywood as CEO

The UK mid-market arm of Legal & General has found a successor to Adrian Johnson, who leaves the company after around eight years at the helm.

1 min read · 04 January 2013

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