Private Equity
A range of private equity firms have expressed interest in UK healthcare business Bupa’s hospital portfolio. The healthcare business is believed to be selling because of regulatory concerns that its hospital business is a conflict of interest with its insurance arm.
2 min read · 04 January 2013
The UK firm has retained an interest in Tank and Rast Holding rather than selling it outright, after striking a deal to sell 50 percent to the infrastructure division of Deutsche Bank for a reported €1.2 billion.
1 min read · 04 January 2013
BC Partners, a publicity-shy European buyout firm, has followed its acquisition of estate agent Foxtons by agreeing to buy Intelsat, the world’s largest commercial satellite operator. It is the firm’s biggest deal to date.
1 min read · 04 January 2013
Balderton Capital, the European venture firm that recently spun out of US group Benchmark Capital, has increased its stake in Codemasters, a UK-based video game develop, by buying out the company’s founders. The firm is simplifying the ownership structure ahead of a possible flotation.
2 min read · 04 January 2013
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
2 min read · 04 January 2013
Alliance Boots pension scheme trustees have reached a settlement from Kohlberg Kravis Roberts which secures the scheme for the next ten years. The agreement comes two days before the trustees reportedly planned to challenge KKR’s accepted takeover bid.
1 min read · 04 January 2013
HM Capital became the latest in a slew of private equity firms to invest in distributors of yellow pages directories, when it announced an agreement to acquire Phone Directories Company. The investment is the first from HM’s new Sector Performance Fund.
2 min read · 04 January 2013
Stirling Square Capital Partners, a mid-market buyout firm backed by Citigroup, has moved to consolidate the financial security market by making a European bolt-on acquisition for portfolio company 3SI Security Systems.
2 min read · 04 January 2013
US buyout firm Summit Partners has taken a minority stake in private internet sale company Vente-Privee.com, as European internet companies show signs of recovery following European venture capitalist Index Ventures’ successful sale of Last.fm to US television network CBS.
1 min read · 04 January 2013
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys. The FTSE 100 listed UK supermarket’s shares leapt by nearly 5 percent, as speculation suggested a takeover bid was forthcoming.
2 min read · 04 January 2013