The Finnish provider of mobile technology, middleware and applications has failed to win a second round of financing and is closing
Two US private equity firms express an interest in Irish telecom company
BC Partners have topped-up last year’s buy-out fund by E700m to allow new investors in.
Another major US bank reports investing setbacks primarily related to impaired venture capital investments
The Securities and Exchange Commission [SEC] is looking at a proposal which would relax the rules governing who can buy and sell restricted securities including private equity
As Reuters’ new CEO shakes up the information group, an MBO for its Greenhouse Fund looks increasingly likely.
3G LAB picks up further funding from 3i; Mergermarket gets first round and valuation jump; Screentec moves out from Bayer’s shadow; ECI gets set to buy and build in UK dental health sector; 3G Idesta picks up E10m.
The UK’s 3i looks set to be the successful bidder for Germany’s leading sparkling wine producer, Mumm Sekt, which has been put up for sale by Seagram.
The Sweden-based private equity group has sold its majority stake and the Dutch firm its minority position in the Finnish chemicals group to US firm J M Huber Inc.
Carlyle Group, one of the biggest private equity funds in the US, has announced that it plans to raise E500m for a new European real estate fund.