Private Equity
The consortium of US buyout firm TPG, British airline BA and three Spanish companies is still waiting for Iberia to open its books. Meanwhile disgruntled Iberia shareholders are considering making a counteroffer.
2 min read · 04 January 2013
French buyout firm PAI partners has entered exclusive talks to buy compatriot Kaufman et Broad, in the latest example of frenetic M&A activity in the house-building sector.
2 min read · 04 January 2013
EQT has sold its remaining stake in Symrise, a German flavouring business. With a total return of about €1.1 billion, the investment has proved to be one of the most successful European private equity deals to date.
1 min read · 04 January 2013
Sovereign Capital makes its latest investment in heath care through the purchase of a London-based child care company by a Sovereign portfolio company, Complete Personal Assistance.
1 min read · 04 January 2013
European buyout firm BC Partners has entered exclusive talks with UK property firm Foxtons. BC Partners is believed to have fended off private equity rivals TA Associates and 3i to reach the talks alone.
1 min read · 04 January 2013
BC Partners has bought Foxtons for approximately £400 million (€585 million, $790 million) after a six month bidding process.
1 min read · 04 January 2013
British Airways, Europe’s third biggest airline, has teamed up with a consortium of four private equity firms led by TPG about a potential bid for Spanish airline Iberia.
2 min read · 04 January 2013
An Apax-led consortium has completed the £700 million sale and leaseback of 21 hospitals owned by Capio, the Swedish healthcare provider it bought last year, in the latest example of private equity groups cashing in on property assets.
1 min read · 04 January 2013
XConnect Global Networks, a service provider to the telecommunications industry, has received $12 million of funding from a venture capital consortium led by Accel Partners and Venrock Associates.
1 min read · 04 January 2013
Macquarie has hit back at claims that it misled workers over pension schemes at Airwave, a police radio business it has just bought for £2 billion. The Australian bank has blamed the confusion on the vendor, Telefonica subsidiary O2 Europe.
2 min read · 04 January 2013