Middle East

Anne Glover: Countdown to 2008

Amadeus Capital Partners' chief executive sees good cause for optimism for technology investors in 2008.

Helping hand(2)

The Walker Report has given the Delta Two bid for J Sainsbury an extra sheen of respectability and is a sign the industry may take compliance seriously, writes Nicholas Lockley, editor of PEO.

Three Delta returns to QIA for £500m equity in Sainsbury’s bid

Specialist acquisition firm Three Delta’s bid for Sainsbury’s awaits an 8 November deadline as its talks with the supermarket’s pension trustees near completion.

Halabi mulls suing Duke Street over Esporta(3)

French bank Société Générale’s failure to syndicate a £330 million loan backing Esporta pulled the plug on the property tycoon Simon Halabi’s acquisition vehicles. Halabi is considering suing Duke Street Capital, Esporta’s previous owner, and the prior management of the company.

Sainsburys opens books to Delta Two(2)

The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.

Report: US intelligence deems Bain buyout a national threat

The Office of the Director of National Intelligence has reportedly found Bain Capital Partners’ $2.2 billion acquisition of 3Com a potential threat to security, due to involvement of a Chinese state-linked company.

PE not included in California Iran ban

The state of California has passed a law requiring that CalPERS and CalSTRS divest from companies that do business in Iran, but unlike similar bans elsewhere, private equity is not affected.

StepStone nabs PCG pro(4)

StepStone, a San Diego area advisory firm founded by three ex-PCG executives including its former president, has hired PCG’s former head of research, Jay Rose. Rose is the sixth former PCG employee to move across town to StepStone.

Walker says firms will comply or face parliament’s wrath

The ex-Morgan Stanley chairman presented his proposals to the UK Treasury Select Committee, dismissing concerns his suggestion that firms submit anonymous attribution analysis provided firms with “a cloak of anonymity”.

StepStone nabs PCG pro(3)

StepStone, a San Diego area advisory firm founded by three ex-PCG executives including its former president, has hired PCG’s former head of research, Jay Rose. Rose is the sixth former PCG employee to move across town to StepStone.