Apax Partners related stories
All articles and analysis
Apax Partners raising record €11.17bn fundGlobal buyout firm Apax Partners’ latest fund is likely to be the largest-ever European fund as the firm abandons its venture capital past.
- Permira goes exclusive with Valentino
UK buyout firm Permira is on the road to acquiring Valentino as Carlyle pulls out of the bidding.
- €3bn bidding war erupts for Endemol
Apax Partners and TH Lee are reportedly going head to head with both Goldman Sachs Capital Partners and PAI as well as broadcasters Televisa and CBS in a hotly contested auction for Telefonica’s Endemol.
- Goldman and Berlusconi join co-founder for Endemol deal
Goldman Sachs Capital Partners has teamed up with co-founder John de Mol and former Italian prime minister Silvio Berlusconi to buy television production company Endemol, in a €2.6 billion deal.
- CBI backs private equity
The Confederation of British Industry, a UK industry body, has submitted a statement to the UK Treasury arguing the government should not increase regulation of private equity. Instead, the business model’s success in job and wealth creation should be seen as reasons to adopt low taxation across the UK business sector, it believes.
- Terra Firma closes €5.4 billion fund
Terra Firma has closed its third fund, as its agreed £2.4 billion offer for EMI continues to be the subject of market speculation.
- Jupiter defends use of cov-lite loan
Jupiter Asset Management, a UK fund manager recently bought out by management and TA Associates, has hit back at criticism of the £425 million “covenant-lite” loan it will use to finance the deal. The controversial structure, which was pioneered in the US but is now crossing over into Europe, removes many of the traditional protections for lenders.
- Rumours fly in TPG-BA bid for Iberia
Various groups are reported to be interested in bidding for Iberia, although a source close to the TPG-BA bid claimed the Iberia board’s delaying tactics are unlikely to lead to another offer.
- TPG may pull out of Iberia bidding
US buyout firm TPG may be set to withdraw its interest in Spanish airline Iberia, after British Airways reportedly urged the group to join forces with rival firm Apax Partners.
- Qantas bid permanently grounded
Macquarie and TPG’s Airline Partners Australia consortium has quashed hopes of an improved bid for the airline, after the company’s board said another offer would need to be higher.