Western Europe

3i makes Singaporean oil and gas acquisition

FTSE100-listed 3i has invested in two companies, one the acquisition of a Singapore-based oil and gas company Franklin Offshore, the other a venture funding round into Madrid-based internet sales website BuyVIP.

3i adult carer exit has 61% IRR

FTSE 100 listed 3i had a 61 percent IRR and a 3.9 money multiple on the sale to Three Delta of a company it first invested in 10 years ago, Care Principles.

ICG backs pharma logistics MBO

Intermediate Capital Group has taken a minority stake in logistics company Marken, as part of a secondary buyout from FTSE 100 listed private equity group 3i.

Hands set to take EMI(3)

Guy Hands’ company Terra Firma has nearly reached the necessary shareholder acceptance rate in its bid for EMI, as reports in the Chinese media suggest the buyout firm may sell the business on to Chinese mobile company China Mobile Corporation.

Apax makes 40x return on healthcare exit(2)

The global buyout firm has netted a return of more than 40 times its original investment from the sale of Healthcare at Home.

MTS and Oaktree add to home healthcare portfolio

MTS Health Investors and Oaktree Capital Management have acquired Links2Care to grow the pediatric home healthcare arm of their portfolio company Loving Care Agency.

Sainsburys opens books to Delta Two

The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.

Greenhill joins JO Hambro for first UK deal(2)

The European buyout arm of US bank Greenhill has joined forces with UK fund manager JO Hambro for its first deal since closing a £106 million fund this year. The pair have bought UK snooker club operator Rileys.

Behrman makes 3.6x return on research labs(2)

New York- and San Francisco-based Behrman Capital has sold WIL Research Laboratories for $500 million, earning a 3.6x return.

Stork’s weak trading statement boosts Candover bid(3)

UK buyout firm Candover’s bid for Dutch industrial group Stork has been boosted by poor second quarter results at the industrial group, as the group’s earnings dropped €35 million.