Private Equity
The UK buyout firm will sell a subsidiary of Migros Ticaret for $380m after purchasing the Turkish supermarket chain for $3.2bn in 2008.
2 min read · 05 January 2013
F2i and IMI Investimenti have purchased Metroweb for an enterprise value of €436m. The sellers are Sterling Capital Partners and A2A.
2 min read · 05 January 2013
Trouble is brewing in the listed private equity sector as a Paris-based investment company tries to shake up the way a listed fund of funds is managed – and has vowed to do the same with other vehicles.
5 min read · 05 January 2013
The firm has sealed the first exit from its seventh fund, selling luxury shoe retailer Kurt Geiger to listed apparel and footwear company The Jones Group.
1 min read · 05 January 2013
The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.
2 min read · 05 January 2013
Nordic Capital has led a consortium of investors in the sale of pharmaceutical company Nycomed to Takeda Pharmaceutical Company. The deal marks the second time Nordic has sold the Zurich-headquartered business.
2 min read · 05 January 2013
Cinven's 3.5x exit on diagnostics group Phadia, purchased at the peak of the market in a secondary buyout, represents its second €1bn-plus gain this year.
2 min read · 05 January 2013
The UK-listed group has purchased a majority stake in US automotive company Hilite, establishing a new fuel efficiency, transmission operation and emissions control platform, says managing partner Ken Hanau.
1 min read · 05 January 2013
Private equity professionals are a competitive bunch. But many were likely toasting Cinven’s sale of Phadia this week as further evidence that boom-era buyouts can prove profitable.
3 min read · 05 January 2013
Veronis Suhler Stevenson has sold financial data and software company Ipreo to KKR. VSS created its financial information platform in 2003, says partner Scott Troeller.
2 min read · 05 January 2013
