Cinven related stories
All articles and analysis
TPG joins CVC-led group for Sainsbury’s bid(2)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.
- Activa Capital promotes two to partner(2)
French private equity firm Activa Capital has added two partners to its business, as it looks to raise its latest €250m fund.
- Private equity backers to cash in from Smurfit Kappa float
Madison Dearborn, CVC and Cinven look to float packaging firm Smurfit Kappa in 2007.
- Buyout firms’ €12.8bn Altadis bid raises the stakes
European buyout firms CVC and PAI’s €12.8 billion bid for Spanish tobacco company Altadis surpasses Imperial Tobacco’s rival offer last month and could trigger a bidding war.
- Cinven and JP Morgan Partners sell German plastics business to Blackstone
Growth strategy for Cinven and JP Morgan Partners pays off with sale of Klöckner Pentaplast, a manufacturer of rigid film plastics, to The Blackstone Group in a deal worth €1.3 billion ($1.8 billion).
- CVC looks to Altadis
CVC Capital Partners is reportedly looking to bounce back from the disappointment of losing out in the battle for Sainsbury’s by turning its attentions to Altadis, a Spanish tobacco company.
- Another twist in Altadis takeover
Altadis, the Spanish cigarette maker that CVC, PAI and Cinven are stalking, has reportedly met with Imperial Tobacco to re-think a takeover by the UK trade buyer.
- Cinven buys €1bn French retail business from AXA
Cinven has paid a reported €1 billion for Modamax, the holding company behind European retailer Camaïeu, which was previously owned by French buyout firm AXA Private Equity.
- Walker names team and outlines terms
Sir David Walker has called some of the biggest names in UK private equity to help him draw up a voluntary code for increased transparency and disclosure. Half his team are from big buyout firms.
- Buyout firms could enter Altadis race
Three private equity firms are reportedly in talks with British American Tobacco about submitting a rival bid for Altadis, a Franco-Spanish cigarette maker that has become a bid target in the latest round of consolidation in the industry.