Private Equity
The European firm has acquired a 96% stake in UK-based food importer and distributor Classic Fine Foods, with the intention of expanding its operations into China.
1 min read · 05 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 05 January 2013
Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 05 January 2013
The UK mid-market firm has struck a deal with Milan-based rival Quadrivio to buy Vesevo, the owner of restaurant chain Rossopomodoro.
2 min read · 05 January 2013
Cinven, CVC and Oak Hill have invested a total of $1bn in Dublin-headquartered Avolon, which has also raised $1bn in debt financing.
1 min read · 05 January 2013
Advent has struck a deal for RBS’s stakes in Priory Group, valuing the company at £925m, as the bank continues to rebuild its balance sheet.
2 min read · 05 January 2013
For the second time this month, Apax Partners has seen a major buyout offer collapse.
2 min read · 05 January 2013
CMBOR figures show Europe’s exit markets heating up during last year, boosted by a resurgence in IPOs which reached a total value of €21.6bn.
2 min read · 05 January 2013
Avista Capital Partners is providing a fresh round of capital for the boutique energy discovery and production company Celtique.
1 min read · 05 January 2013
A number of European heavyweights will seek up to €150 million in their efforts to expand one attractive mid-market business in Italy.
2 min read · 05 January 2013
