Private Equity
The shareholders of Singaporean engineering company MMI have accepted a take-private bid from Kohlberg Kravis Roberts. The S$1.65 per share offer values the company at about $660 million.
1 min read · 03 January 2013
Dolphin Capital Investors, the Fortress-backed private equity firm that focuses on Southeast Europe, is acquiring Aristo Developments for a total of €438m.
2 min read · 03 January 2013
The private equity and venture capital backers of DocMorris, one of the biggest pharmacy brands in Europe, have secured a lucrative sale of the business to Celesio, Europe’s biggest pharmaceutical distributor.
2 min read · 03 January 2013
A consortium of four private equity firms is contemplating the $17 billion sale of satellite operator Intelsat, potentially yielding a tenfold return on its initial investment.
1 min read · 03 January 2013
Determined activist investors are holding to ransom the A$11.1billion ($9.2billion) bid byAirline Partners Australia the Macquarie-led consortium for Australian airline Qantas.
2 min read · 03 January 2013
UK-listed private equity group 3i has sold Smart & Cook to Axa for £140 million, generating a return of over three times its investment.
1 min read · 03 January 2013
Buyout firm Bridgepoint Capital has emerged as the preferred bidder for UK-based Leeds Bradford Airport. Its offer, which according to reports is worth about £130 million, has trumped that of four other bidders.
1 min read · 03 January 2013
Three Delta, a Qatar-based investment group, has bought a 15 percent stake in UK retailer Sainsbury’s, increasing the pressure on the board to realise greater value from its real estate assets.
2 min read · 03 January 2013
The Sainsbury family seems to have triumphed in its bid to keep the UK retailer out of private equity hands, after the last remaining members of the buyout consortium admitted defeat in their battle to take the company private.
2 min read · 03 January 2013
Venture capital firm TVM Capital has backed two firms in the space of a week, investing $20 million in a UK submarine company and $12 million in a US-based media services group.
1 min read · 03 January 2013