Europe

The Labour government is widely expected to raise taxes to help plug a £30 billion hole in the public finances, but exactly what form those changes will take remains an unknown.

Clubessential is a portco of Battery Ventures and Silver Lake.

The deal is via Apollo’s sports investment company Apollo Sports Capital, which launched in September.

Atlético de Madrid is a European soccer club and sporting institution.

Solomons’ appointment adds M&A and digital marketplace expertise to Permira’s global advisory network.

Asset servicing providers have 'resilient business models,' says Inflexion's Andrea Bertolini. 'Once you outsource your admin to a third party, it’s very sticky, because it’s a big headache for a fund to change their administrators.'

Frulact manufactures fruit-based specialty ingredients, liquid flavors and plant-based ingredients.

Diamant Software is a provider of accounting and financial controlling services for mid-sized companies and public-sector organizations in Germany.

London-listed JTC has accepted a revised offer from Permira, valuing the business at around £2.7 billion ($3.5 billion; €3.1 billion).

TSI Flowmeters is a designer and manufacturer of precision flow and pressure measurement instruments.