Western Europe

VC firms inject further $60m into Icera

The UK-based fabless semiconductor company has now raised roughly $200m from firms including Balderton, Accel, Amadeus and 3i.

IK sells Dutch retail firm for €500m

Wehkamp, the biggest online fashion, lifestyle and electronics retailer in the Netherlands, has been sold to a group of private investors, enabling IK Investment Partners to exit with returns of five times its initial investment.

Babcock sells €1.15bn wind assets

The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.

Hypo Real Estate not to be 'dismantled'

The troubled German real estate lender today clarified its situation, suggesting comments by the German finance ministry had been misinterpreted.

Hypo Real Estate bailed out

The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.

Hypo gets another €10bn lifeline

The German commercial real estate lender, partially owned by private equity firms JC Flowers and Grove International, has secured another liquidity guarantee from the government, on top of the €20bn already promised.

MIG invests €15m in aviation services

The Athens Stock Exchange-listed mega-fund is the latest private equity firm to move into the aviation sector, purchasing just less than half of medical evacuation-focused Flight Ambulance International.

Investcorp cuts staff by 20%

Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.

Citi Infrastructure to buy Itinere in €7.9bn deal

The deal will be the largest yet for the infrastructure heavyweight and its first in the toll road sector after its consortium's $12.8bn bid for the Pennsylvania Turnpike expired in September.

21 Centrale agrees mobile media carve out

The French mid-market firm will pay €20m for Jet Multimedia’s consumer facing arm in its second acquisition in the last two months.