Private Equity
Lehman Brothers’ European mezzanine business is spinning out and rebranding. Toby Mitchenall reports.
3 min read · 05 January 2013
The failed Midway bidders have bid a day late for the UK’s Gatwick airport.
1 min read · 05 January 2013
The UK Competition Commission has demanded that BAA sell three airports in England and Scotland as it tries to foster competition between once monopolistic operators. BAA has not said whether it will carry out the Commission's demands.
1 min read · 05 January 2013
The private bidders vying for the UK’s second largest airport have been given an extra month to complete their offers. The move comes a month after a 3i-led consortium retracted its bid amid reports that a £2bn price tag was too high.
2 min read · 05 January 2013
It’s still unclear whether carried interest would be affected by a proposal to raise the tax rate on capital gains from 'non-business assets' to 40%.
2 min read · 05 January 2013
Global Infrastructure Partners and a consortium consisting of Citi Infrastructure Investors, Vancouver Airport Services and John Hancock Life Insurance have emerged among the bidders for the UK’s second-busiest airport.
3 min read · 05 January 2013
LPs want substantive communication during annual meetings these days. Here are some tips on how to make your next meeting as engaging – and reassuring – as possible. By Nick McAlpine of communications firm Bladonmore.
5 min read · 05 January 2013
The bank may sell offices in New York, Paris and London, and possibly lease them back, after receiving interest from investors. This would be the second time in two years the bank has sold its landmark London HQ. In December, it bought back the property from Metrovacesa at a 25% discount after selling it to the Spanish group in 2007 for a record £1.1bn.
1 min read · 05 January 2013
The UK waste manager, owned by Global Infrastructure Partners and Montagu Private Equity, has sent out information memoranda this week for the sale of its landfill gas unit. The sale is expected to net the company around £300m. Terra Firma and 3i are likely to be interested, according to media reports.
1 min read · 05 January 2013
Property manager Guy Morrell has taken the post, leading the business in the UK and MENA region.
1 min read · 05 January 2013
