Western Europe

Three Delta returns to QIA for £500m equity in Sainsbury’s bid(4)

Specialist acquisition firm Three Delta’s bid for Sainsbury’s awaits an 8 November deadline as its talks with the supermarket’s pension trustees near completion.

JC Flowers bids $1.8bn for Shinsei stake(2)

The private equity firm that made its name turning around the Japanese bank has returned to bail out a beleaguered Shinsei with the largest-ever private equity deal in the Japanese banking sector.

IDFC Private Equity leads $100m investment in India’s Moser Baer(3)

India’s IDFC Private Equity is leading a consortium of Singapore’s GIC Special Investments and the UK’s CDC Group to invest $100 million in the country’s largest optical storage media manufacturer Moser Baer.

PPM Capital spins out from Pru, MacDougall lambasts Walker report(2)

PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.

Barclays makes 2.5x from shoe retailer sale

Barclays Private Equity’s sale of women’s shoe company Kurt Geiger to Graphite Capital comes despite the worrying storm clouds gathering around the UK retail sector.

Lion Capital goes camping with Belgian retailer(2)

The buyout firm is hoping to transfer its success with women’s shoes and lingerie retailers into the outdoor equipment and clothing market with its purchase of AS Adventure.

Virgin Active to appoint adviser for sale(2)

Virgin Active, the Bridgepoint and Permira-backed UK gymnasium, is considering appointing an adviser to sell the company next year.

BC club wins battle for Turkish retailer

The BC Partners-led consortium has pulled off its YTL3.9 billion bid for Migros Türk in the face of strong competition including The Blackstone Group and Kohlberg Kravis Roberts. It is Europe’s largest deal since credit markets seized up.

Three Delta returns to QIA for £500m equity in Sainsbury’s bid(3)

Specialist acquisition firm Three Delta’s bid for Sainsbury’s awaits an 8 November deadline as its talks with the supermarket’s pension trustees near completion.

IDFC Private Equity leads $100m investment in India’s Moser Baer(2)

India’s IDFC Private Equity is leading a consortium of Singapore’s GIC Special Investments and the UK’s CDC Group to invest $100 million in the country’s largest optical storage media manufacturer Moser Baer.