Middle East & North Africa

Pantheon and Nova pick up laboratory group for £75m(2)

Pantheon Ventures and secondary investor Nova have bought the scientific laboratory business of Barloworld as it looks to grow the business overseas.

KKR signs Turkey’s largest deal(2)

Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.

Veritas exits stake in defence contractor(4)

Veritas Capital has sold defence contractor Athena Innovative Solutions to CACI International for an undisclosed amount.

Sainsbury’s family demands adequate pensions settlement(4)

Qatari investment company Three Delta may be thwarted in its attempts to buy UK supermarket Sainsbury’s by the founding Sainsbury family. The family has reiterated in a statement that its acceptance of any bid is conditional on the Qatari firm providing an adequate pensions settlement.

Veritas exits stake in defence contractor(3)

Veritas Capital has sold defence contractor Athena Innovative Solutions to CACI International for an undisclosed amount.

Sainsbury’s family demands adequate pensions settlement(3)

Qatari investment company Three Delta may be thwarted in its attempts to buy UK supermarket Sainsbury’s by the founding Sainsbury family. The family has reiterated in a statement that its acceptance of any bid is conditional on the Qatari firm providing an adequate pensions settlement.

Middle East investors defy the credit crunch

While the credit markets have placed many private equity deals on hold, the ability of investors from the Middle East to deploy capital appears undiminished.

Ethos exits outsourcing company after 8 years

Ethos Private Equity has sold Tsebo Outsourcing Group having carried out a problematic disposal of a non-core on-flight catering business following the terrorist attacks of September 11, 2001 and ridden out price inflation in South Africa.

First Reserve pays $420m for South African mining company

First Reserve hopes to take advantage of soaring nuclear power industry demand for uranium with an acquisition in South Africa.

Sainsbury’s family demands adequate pensions settlement(2)

Qatari investment company Three Delta may be thwarted in its attempts to buy UK supermarket Sainsbury’s by the founding Sainsbury family. The family has reiterated in a statement that its acceptance of any bid is conditional on the Qatari firm providing an adequate pensions settlement.