Private Equity
The fund, which is targeting $500m, will invest in UK SMEs looking to expand into China.
2 min read · 05 January 2013
The global investor has agreed to divest its 30 percent holdings in China's Inpac International to trade buyer Stora Enso, marking its second Asian exit this month.
2 min read · 05 January 2013
The London-listed firm – which is active in Europe, North America and Asia – is now looking to enter the Brazilian market.
2 min read · 05 January 2013
The acquisition of Saddle River Valley Bank by JC Flowers follows the revelation Blackstone is planning to acquire small banks around the US.
2 min read · 05 January 2013
An IPO of BankUnited would create a platform for Blackstone to buy smaller banks in the US, the firm’s president Tony James said during an earnings call.
3 min read · 05 January 2013
After initially approaching Brit Insurance in June, Apollo has agreed a takeover deal with the board of the company by joining forces with CVC.
2 min read · 05 January 2013
The UK-listed private equity firm has this week sold engine manufacturer MWM for €580m and exited its minority stake in Balco, a developer of balconies.
1 min read · 05 January 2013
The European private equity firm is buying French jewellery retailers Histoire d’Or and Marc Orian from Silverfleet Capital and Qualium Investment, respectively. Silverfleet sold Histoire d’Or for €417 million, generating a 3x exit multiple.
2 min read · 05 January 2013
In an effort to discredit Citi banker David Wormsley, Terra Firma attorney David Boies attacked him for allegedly disclosing ‘confidential’ information in the past.
3 min read · 05 January 2013
The Guy Hands-led firm is suing its financial advisor Citi for allegedly tricking it into buying EMI for £4 billion. Citi argues Hands is looking for a scapegoat for the struggling investment.
4 min read · 05 January 2013
