Western Europe

Informa jumps on confirmation of buyout talks

The UK-listed business had languished since talks with a strategic buyer collapsed in the middle of last month. Interest from a consortium of three firms has lifted the share price.

Candover buys 40% stake in Technogym

The tenth deal of its 2005 fund follows hard on the heels of its court victory in its battle with Halliburton to take oil and gas services business Expro private.

Phoenix joins oil and gas boom

Phoenix Equity Partners is the latest buyout firm to turn to the oil and gas services sector as source of deal flow as activity slows in mature markets. As early as April this year, deal volume in the oil and gas sector had hit almost $10 billion (€6.4 billion) across 16 transactions.

Diamond Castle exits wind energy company in $320m deal

The DLJ spin-out has sold its 100 percent holding in Catamount Energy after purchasing the company for $76m in 2005. Catamount operates a 300-megawatt wind farm in Texas and holds 1,750-megawatts in developmental interests in the UK and US.

Carlyle lands £360m cash machine deal

The global buyout firm has sealed a deal for De La Rue's Cash Systems division at the lower end of price expectations. The division was responsible for the world's first automated teller machine, and now has its mechanisms inside one in 10 ATMs worldwide.

AXA backs Spotless Group’s acquisition of Dylon

French buy and build creates number two player in UK fabric care market and grows the Spotless Group’s portfolio of brands in its core markets.

TPG still in driving seat at B&B

The beleaguered UK lender Bradford & Bingley has turned down an approach from investment firm Resolution. TPG's stake building remains the preferred complement to the mortgage group's rights issue.

Report: Carlyle nears £400m deal for De La Rue division

The buyout firm is reportedly weeks away from closing a deal for De La Rue’s cash systems division, whose products include ATMs, cash counting machines and related software.

CVC to pay €2.4bn for German chemicals

The European buyout firm is set to take a 25% stake in Evonik, a German state-backed conglomerate that also reportedly interested US mega-firms KKR, Bain and Blackstone.

Candover consortium closes in on Expro

The battle between a private equity consortium and oil giant Halliburton for the services business is drawing to a close as Candover and its team sweeten its agreed bid.