Dubai International Capital related stories
All articles and analysis
Blackstone waxes profitable about TussaudsFresh 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.
- Liverpool signs up to American dream
Liverpool has become the third English football club to come under US ownership, after accepting a £470 million takeover bid from US private equity veteran Tom Hicks and compatriot George Gillett. The deal will help the club finance a new stadium.
- DIC sings the blues as it fails to land Liverpool FC
Dubai International Capital has withdrawn its proposed £450 million bid for Liverpool, English football’s most successful club side, after the board failed to agree to the terms of its buyout offer.
- Vote now in our 2006 awards
As the final week of voting for our Global Private Equity Awards 2006 begins, the competition is hotting up, with the industry preparing to reward the biggest winners of 2006.
- Travelodge sold to DIC for £675m
Dubai International Capital has followed up the purchase of Doncasters for £700m in May with the acquisition of another UK asset, budget hotel chain Travelodge.
- Permira to sell Travelodge for £650m
Permira is reportedly selling its budget hotel chain Travelodge for approximately £650m, with Dubai International Capital likely to win the race after entering into exclusive talks with the European buyout firm.
- Booming MENA draws law firms
With the Middle East’s whirlwind fundraising and dealmaking environment, a growing body of major law firms are establishing a presence in the region. By Judy Kuan.
- Led by who?
A third of all UK buyouts in the first quarter of 2006 have been led by non-private equity sponsors such as hedge funds and wealthy individuals, according to new data. Will these deals work, asks Robert Venes.
- IK wraps up 1994 fund with Enermet sale
Stockholm-headquartered private equity firm Industri Kapital has sold its last investment from its €250m 1994 vehicle, generating an overall 4x return for the fund.
- DIC, HSBC launch infrastructure fund
The investment arm of Dubai Holdings and HSBC Bank are establishing a $500m fund to invest in infrastructure opportunities across the Middle East and North Africa.