North Africa

Ethos and Goldman place bets on South African gaming company

Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.

Brait picks up South African baker for R1.5bn

South African merchant bank Brait has acquired domestic baker Premier Foods from the Foundation for African Business and Consumer Services for R1.5 bilion.

Oak abandons $825m Vertrue deal(2)

Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.

Advent scores public relations hit with sale of FD

Financial Dynamics, the public relations group owned by Advent, has set a new record with its sale to a US consultancy, netting its private equity backer a stunning return.

CVC to buy Samsonite for $1.7bn(3)

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

Oak abandons $825m Vertrue deal

Oak Investment has dropped out of a consortium of firms planning to acquire internet direct marketing services firm Vertrue, after the bidding price was raised from $800 million to $825 million.

CVC to buy Samsonite for $1.7bn(2)

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

CVC to buy Samsonite for $1.7bn

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

PE groups stalk Telecom Italia mobile arm

Buyout firms Permira, The Carlyle Group and Apax Partners are reportedly mulling separate bids for TIM, the mobile unit of Telecom Italia, in what would be Europe’s biggest ever buyout.

Montagu buys hair styling business from LDC(2)

Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.