Private Equity
Blackstone, Goldman Sachs, KKR and TPG have agreed to take private Biomet, a maker of replacement joints, alongside the company’s founder. At the same time, Biomet is investigating stock option back-dating practices approved by senior management.
2 min read · 11 January 2013
The US buyout firm is stepping up its exposure to the semiconductor industry with a bid for the Taiwanese microchip packager Advanced Semiconductor Engineering.
1 min read · 11 January 2013
Thomas H. Lee, Bain Capital and Blackstone have agreed to sell Houghton Mifflin for $3.4bn to a newly formed Irish public limited company.
2 min read · 11 January 2013
One New York developer is seeing dollar signs in the rollercoaster, Ferris wheel and boardwalk of Coney Island. By Aaron Lovell.
2 min read · 11 January 2013
Cerberus European Capital Advisors has hired Kenneth Leet to oversee the firm’s European office just one month after former US treasury secretary John Snow joined as its chairman.
1 min read · 11 January 2013
According to London’s Evening Standard, the US secret service had its eye on private equity vet Ted Forstmann’s relationship with the British princess in the weeks before her death in 1997.
2 min read · 11 January 2013
Michael Angelakis has agreed to become the cable provider’s new chief financial officer in 2008.
2 min read · 11 January 2013
Much hinges on whether the proposed buyout of Australian airline Qantas proceeds smoothly. By Andy Thomson
2 min read · 11 January 2013
Close Brothers Private Equity has made its eighth investment from its latest fund, through the management buyout of the assayers arm of commodity inspectors Alex Stewart.
2 min read · 11 January 2013
The buyout of Nasdaq-listed Direct General is valued at approximately $628m.
2 min read · 11 January 2013
