Private Equity
Israel-based Gilat has pulled out of a deal with a private equity consortium led by the Los Angeles-based firm, citing an ‘intentional breach of the merger agreement’. The company has called for payment of a $47m break-up fee.
2 min read · 05 January 2013
Abraaj Capital has invested in Turkey's Numarine to help expand the company's production facilities as it looks to take advantage of the growing market for luxury yachts in the Middle East, Asia and Eastern Europe.
1 min read · 05 January 2013
Global Investment House has purchased a controlling stake in Al Sawani and will be injecting another $100m in the company to fund its regional acquisitions.
2 min read · 05 January 2013
The emerging markets specialist has sold its stake in Uganda Microfinance Limited to Kenya-based Equity Bank, as it nears a $200m first close on its $400m Pan-African fund.
2 min read · 04 January 2013
The Bahrain-based bank has completed what it says is France’s largest LBO this year, a secondary deal for Compagnie Européenne de Prestations Logistiques. Sagard has exited the company in a transaction valued between €550m and €600m after receiving 21 first-round bids from groups including Doughty Hanson and Goldman Sachs.
2 min read · 04 January 2013
The education-focused firm has acquired Ex Libris Group from technology investor Francisco Partners, which purchased the Israeli automation company two years prior.
1 min read · 04 January 2013
The Dubai private equity group has teamed with Dubai-backed real estate developer Nakheel to purchase a 20 percent stake in Cirque du Soleil. Famous for unusual live performances, the entertainment company will develop a permanent show on Dubai’s Palm Jumeirah island.
2 min read · 04 January 2013
The US billionaire’s latest European acquisition takes to $6bn the total enterprise value of its communications-related investment into the continent this year.
1 min read · 04 January 2013
The emerging markets specialist plans to expand Mo’men Group for Foods throughout Northern Africa and the Persian Gulf. The deal is Actis' second food-related acquisition in Egypt after investing in halawi and tahina maker El-Rashidi El-Mizan.
1 min read · 04 January 2013
The emerging markets specialist has partnered with Old Mutual Investment Group to acquire energy and electrical engineering company Alstom South Africa.
2 min read · 04 January 2013
