Bank Of Scotland related stories
All articles and analysis
Crosby joins advisory committee at BridgepointBridgepoint, a European mid-market private equity firm, has bolstered its European advisory committee with the appointment of Sir James Crosby, former chief executive officer of HBOS.
- Iceland’s FL Group acquires stake in £351m House of Fraser buyout
FL Group, an Iceland investment group, has purchased a 14% stake in UK department store chain House of Fraser, bought by a consortium led by Iceland’s Baugur Group for £351m.
- Bulking up at the gym
Summer is a busy time for the gym sector as people put in the hours to attain the perfect beach body. Private equity, it turns out, has been flexing its acquisition muscles too. By Robert Venes.
- Permira, Barclays concede defeat on McCarthy & Stone
Tom Hunter and Bank of Scotland’s £1.1bn bid for care homes builder McCarthy & Stone has been successful, with Permira and Barclays Capital opting not to increase their offer.
- Permira, Barclays increase McCarthy & Stone bid to £1.059bn
Permira and Barclays Capital have matched a rival consortium’s 1,030 pence per share offer rejected by UK housebuilder McCarthy & Stone last week.
- Permira sparks bidding war for UK housebuilder
European buyout firm Permira looks to make it third time lucky with McCarthy & Stone, a UK housebuilder, after losing out on UK public-to-private bids for HMV, a music retailer, and DeVere Group, a hotel chain.
- £1.1bn battle for McCarthy & Stone heats up
A £1.1bn revised bid by a consortium including Bank of Scotland and West Coast Capital’s Tom Hunter for McCarthy & Stone, a UK homes builder, has trumped a recommended offer by Permira and Barclays Capital.
- Wyatt steps down to focus on Panmure Capital
Panmure Capital, a joint venture between UK stockbroker Panmure Gordon and Bank of Scotland, will receive the full attention of chairman Richard Wyatt, who steps down from his role as executive chairman of Panmure Gordon to focus on the private equity business.
- McCarthy & Stone rejects £30m higher offer
A £10m break fee arrangement in Permira and Barclays Capital’s £1bn bid for McCarthy & Stone, a UK homes builder, has led to a higher offer from a consortium including Bank of Scotland and Sir Tom Hunter being rejected.
- PPM Capital pays £182.5m for Azzurri
London-listed private equity firm 3i has generated a 5x money multiple on its £182.5m sale of voice and data services business Azzurri Communications.