Private Equity
The consortium buying Alexander Forbes, a South African financial services group, has increased its offer despite having agreed the deal three months ago.
1 min read · 03 January 2013
HgCapital has completed its exit from the Hirschmann Group, selling the car communication division to management for an undisclosed sum.
1 min read · 03 January 2013
Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.
2 min read · 03 January 2013
The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.
2 min read · 03 January 2013
Fresh from its $39 billion take-private of Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with a £1 billion deal to buy The Tussauds Group.
2 min read · 03 January 2013
Rhino Rugby, the sports equipment maker backed by England’s World Cup-winning rugby captain Martin Johnson, has sold a 6.25 percent stake to Chrysalis VCT.
1 min read · 03 January 2013
Apax Partners has continued its string of recent exit successes by selling CBR, a German fashion retailer it co-owned with Cinven, to Swedish buyout firm EQT.
2 min read · 03 January 2013
HgCapital’s consumer team has completed its deal in three months, buying UK fashion retailer Americana International for £190 million.
2 min read · 03 January 2013
The Blackstone Group’s hectic pace of deal-making shows no sign of slowing down, as the buyout group completes a $2.16 billion deal for US group Pinnacle Foods.
2 min read · 03 January 2013
Duke Street Capital has edged ahead of other trade and financial buyers as it tries for a second time to buy Burton’s Foods, a snack maker valued at about £200 million.
2 min read · 03 January 2013