Private Equity
2 min read · 30 December 2012
In March, Blackstone's €3.1bn landmark public-to-private of German chemicals group Celanese almost hit a wall when hedge funds refused to tender their shares. PEI's Deal Mechanic explains why
3 min read · 30 December 2012
The private equity subsidiary of First Islamic Investment bank has agreed to purchase fried chicken franchise Church’s Chicken for more than $380m in cash.
2 min read · 30 December 2012
Crescent Capital, a subsidiary of First Islamic Investment Bank, has beaten off Terra Firma Capital Partners to acquire South Staffordshire water company for £142.6m.
1 min read · 30 December 2012
Carlyle Group, the US-based global private equity firm, has denied giving any indication that it would join a consortium seeking to help Kuwait repatriate $57bn of debt owed by Iraq.
2 min read · 30 December 2012
10 min read · 30 December 2012
Proof of a still burgeoning secondaries market comes with Greenpark Capital’s announcement of the final close of its €350m second fund.
2 min read · 30 December 2012
The securitisation of UK motorway services group Welcome Break in its buyout from Granada by Investcorp in 1997 was hailed as another example of how this technique was empowering sponsors. Today's acrimonious war of nerves between the company's equity sponsor, bondholders and in particular a hedge fund suggests that not all securitisation works though. The Deal Mechanic investigates why
6 min read · 30 December 2012
The Bahrain-based private investment company has purchased Thomson Media from The Thomson Corporation, giving Investcorp control of a collection of business publications.
1 min read · 30 December 2012
George Soros announced he is handing over greater control of his $12.8b Soros Asset Management firm to his sons, and is spinning off his real estate, credit and private equity divisions.
1 min read · 30 December 2012
