Opportunities for private investment in public equities (PIPES) are likely to be limited to special situations in Europe say speakers at a recent private equity conference.
More than half a dozen private equity firms have expressed an interest in acquiring Scottish & Newcastle’s 1,450 pub estate.
The US firm and Italian engineering group Finmeccanica will commit around E500m of equity to the E1.5bn buyout of Fiat’s aerospace businesses.
3i has paid around $20m to acquire a stake in the fashion and lifestyle brand alongside existing investor L Capital
The directories company owned by private equity firms Apax and Hicks Muse is set to enter the FTSE 100 following a listing this month that will value the company’s equity at up to £2.11bn.
PAI partners has made its second recent exit with the sale of a 75 per cent stake in the French automotive fabrics supplier.
GE European Leveraged Finance has bought E700m worth of senior and mezzanine loans from Abbey National Treasury Services.
GE’s European leveraged finance unit has acquired a E700m portfolio of senior and mezzanine leveraged business loans from Abbey National Treasury Services.
3i has sold its stake in the vehicle checking service provider for £70m in a secondary sale to Phoenix Equity Partners and which sees 3i achieve a 1.8 times return on capital.
The UK department store chain has confirmed that a second bid, thought to involve the two buyout firms, has emerged to rival Permira’s £1.5bn offer.