Telecom Italia subsidiary Seat Pagine Gialle looks set to become the latest directories business to be sold to a financial buyer, with Blackstone thought closest to the deal.
2002 was the second best year on record for Europe’s mezzanine investors, boosted by big mezzanine investments in Coral Eurobet and Télédiffusion de France.
Fourth Level Ventures, sponsored by Dolmen Securities, is planning to raise up to E50m to invest in university spin-off opportunities both in Ireland and overseas.
The New York-based private equity firm has acquired UK-based plastics manufacturer for an undisclosed price.
The French private equity group is set to make a quick return on the utilities metering business it acquired in 2001, selling the business to HSBC Private Equity.
The UK bank will retain a near-20 per cent stake in Montagu Private Equity, which will remain the bank’s primary vehicle for European private equity investment.
Capricorn Ventures and TDR Capital have held talks with PizzaExpress directors over an improved bid for the UK pizza chain.
The global investment company has taken a majority interest in Willtek, a German wireless equipment tester.
The US venture capital firm has appointed Ian Jenks as a general partner at its European headquarters in London.
Legal & General Ventures is planning to lead a £250m bid for the Warner Village cinema chain as the sector continues to attract private equity interest.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination