Western Europe

Candover must step up Stork talks(2)

UK buyout firm Candover is considering whether to step up negotiations with trade buyer Marel in an attempt to salvage its bid for Dutch industrial group Stork, after the Icelandic group built up its stake to 19.6 percent.

CD&R sells Brakes to Bain for £1.3bn(3)

US buyout firm Bain Capital has won the race to buy Brake Bros, a UK food distribution business, from Clayton Dubilier & Rice, in a deal thought to be worth about £1.3 billion.

EQT flips Tognum in €2.1 billion IPO

Nordic buyout firm EQT Partners is to float Tognum, an engineering company it bought in March last year, on the Frankfurt Stock Exchange. It will be the largest IPO in Germany in seven years.

Candover must step up Stork talks

UK buyout firm Candover is considering whether to step up negotiations with trade buyer Marel in an attempt to salvage its bid for Dutch industrial group Stork, after the Icelandic group built up its stake to 19.6 percent.

Carlyle plots $22bn Virgin Media bid(2)

The Carlyle Group is preparing a $22 billion takeover bid for UK cable TV and mobile phone business Virgin Media, as it looks to replicate the success of its previous European investments in the sector.

KKR courts debt investors for landmark Boots deal(2)

The record debt package financing Kohlberg Kravis Roberts’s landmark £11 billion acquisition of Alliance Boots is proving attractive to debt investors. The buyout firm began its roadshow yesterday.

KKR courts debt investors for landmark Boots deal

The record debt package financing Kohlberg Kravis Roberts’s landmark £11 billion acquisition of Alliance Boots is proving attractive to debt investors. The buyout firm began its roadshow yesterday.

NBGI makes second big exit this week(2)

UK firm NBGI Private Equity has completed a second lucrative exit in two days, this time via the public markets. The flotation of UK-based Superglass means the firm continues to reward investors in its 2000 vintage debut fund with big returns.

Esprit provides extra backing for Xanadu(2)

The European venture firm has increased its investment in Xanadu Wireless, a Dutch semiconductor business that is looking to revolutionise the wireless sensor market.

Saga staff get £280m payout(2)

The staff of UK-based Saga will receive a £280 million ($560 million, €416 million) payout following the company’s merger with the AA, a UK vehicle breakdown service. The chief executive of the newly formed group, Andrew Goodsell, plans to lead the company into the FTSE 100.