Private Equity
As private equity interest in Russia picks up, Burlington Capital Group has sold Russian poultry producer Chicken Kingdom to meat processor Cherkizovo Group for $143 million.
1 min read · 04 January 2013
Gordon Brothers’ private equity arm has sold specialty retailer Spencer’s Gifts to ACON Investments after streamlining its business and redesigning its stores.
2 min read · 04 January 2013
The educational publishing house has agreed to sell its college-related arm to the consortium, which will add it on to Cengage, the former Thomson Learning division it acquired in July for $8 billion.
2 min read · 04 January 2013
KKR has refuted a UK media report that the buyout firm has postponed its planned $1.25 billion IPO on the New York Stock Exchange.
1 min read · 04 January 2013
Alliance Boots, the UK retail chain that recently rejected a £10 billion buyout offer from Kohlberg Kravis Roberts, has lost one of its brokers to the bidding team, fuelling speculation that an improved offer may be forthcoming.
2 min read · 04 January 2013
Graphite Capital, the UK mid-market private equity firm, has sold Applied Energy, having grown sales at the business by 38 percent after buying it nearly six years ago from a joint venture owned by Marconi and GE.
1 min read · 04 January 2013
MBK Partners in its second deal this week has beaten two local private equity firms to seal its first deal in Japan, investing ¥71 billion in Yayoi, a business software unit of internet service provider Livedoor.
2 min read · 04 January 2013
US TV channel NBC Universal has bought television company Sparrowhawk Media, owner of the Hallmark Channel, for about £175 million. Buyout firms 3i and Providence Equity Partners have spent the last two years turning the business around.
2 min read · 04 January 2013
The global buyout group, whose name means "surprisingly different", has made its first investment in China taking a non-control stake in Galaxy, a casino operator, to fund an ambitious programme of property development and expansion.
2 min read · 04 January 2013
LPX, a private equity data provider, has published an index of the largest liquid UK investment vehicles. LPX’s Michel Degosciu said the listed private equity returns shown by the index will encourage more firms to embrace transparency.
2 min read · 04 January 2013