Private Equity
While office occupancy costs dropped in most of the world, The Middle East and Africa as well as Central and Eastern Europe saw cost per workspace per annum increase by 28% and 11% respectively in 2008.
2 min read · 05 January 2013
The global mid-market firm has done Brazil’s biggest private equity deal this year with the purchase of a 30% stake in CETIP, the largest central depository for private fixed income securities and over-the-counter derivatives in Latin America.
2 min read · 05 January 2013
Education-focused Apollo Global – a joint venture between two buyout giants – is preparing a £304m bid for BPP, a London-listed provider of professional education to the legal, accounting and finance industries.
1 min read · 05 January 2013
Deutsche Bank's alternative asset management business RREEF bought a 'significant minority' stake in Aldus in 2007, at a time when Aldus founding partner Saul Meyer considered backing out of an arrangement in which his firm was allegedly paying illegal kick-back fees.
2 min read · 05 January 2013
Cobalt, which is backed by Riverstone, Goldman Sachs and First Reserve, has tied up with Sonangol, the national oil company of Angola, to let the oil and gas exploration firm access Africa's third largest oil producing nation.
2 min read · 05 January 2013
The funding will help APR Energy scale up its operations in the Gulf region and North Africa.
1 min read · 05 January 2013
The Boston-based firm has purchased a 51% stake in Fifth Third Bancorp’s financial institutions processing business as it continues to build its pay processing platform.
2 min read · 05 January 2013
The Toronto Stock Exchange-listed asset manager bought Loews Cineplex in 2002 and sold most of the business to Bain, Carlyle and Spectrum Equity Investors in 2004. It has now sold the remaining Galaxy portion of the business.
2 min read · 05 January 2013
The distressed investment specialist is surrendering all its stock in Thornburg Mortgage and has resigned its board seats. The residential mortgage lender has been given a grace period by lenders to come up with a restructuring plan.
2 min read · 05 January 2013
The US turnaround firm has bolted on the aluminium die casting and machining operations of US foundry Citation to the automotive components platform it's been building since 2006. The firm also is building up its plastic molder platform.
2 min read · 05 January 2013