The Catalan bank’s private equity unit has paid E200m for a 20 per cent stake in the expanding Spanish supermarket group.
Advent International has increased its offer for the Bulgarian telecoms group and promised fewer redundancies in a bid to close the controversial privatisation.
Asia Monitor Buying into European buyout A number of recent closings by European buyout funds have included sizeable commitments from Asian institutions looking to broaden and deepen their allocations to the asset class. Are Asian institutions now looking less at US buyout funds and more at their European counterparts? Ricky Morton reports. As economies in […]
America Monitor Note to regulators: we’re not hedge funds! Two recent regulatory moves in the US designed to rein in hedge funds have caused jitters in the private equity market. David Snow reports. Should the same rules that govern the distribution of hedge funds apply to private equity funds as well? As President Clinton might […]
Europe Monitor Called to account by IAS 27 While general partners are focusing their minds on where the next deal is coming from or how the next fundraising target is to be achieved, a potential new accounting burden is creeping up on them. In May 2002, the London-based International Accounting Standards Board (IASB) published its […]
Bank of America's private equity division has agreed to pay E121m to acquire a 93 per cent stake in listed Finnish publisher Janton.
The Dutch bank’s private equity unit has taken a 51 per cent stake in the Swedish personal computer supply and distribution business for an undisclosed sum.
Dunedin Capital Partners has backed management in a £21m buyout of Hickson & Welsh from a subsidiary of US-based Arch Chemicals.
The Texas Growth Fund has agreed to acquire the ready-mixed concrete business of UK-listed group for an undisclosed sum
At a time when a significant number of major US funds are gearing up to fund raise in 2004, UBS has made a series of appointments at its US private equity funds group to deepen its presence in what the firm sees as a core market.