Private Equity
London-based Ashmore Investment Management is aiming to raise a new, “significantly larger” fund for investment in emerging markets just ten months after it closed its last vehicle on $1.3bn.
1 min read · 04 January 2013
The UK-listed business had languished since talks with a strategic buyer collapsed in the middle of last month. Interest from a consortium of three firms has lifted the share price.
1 min read · 04 January 2013
The tenth deal of its 2005 fund follows hard on the heels of its court victory in its battle with Halliburton to take oil and gas services business Expro private.
2 min read · 04 January 2013
Phoenix Equity Partners is the latest buyout firm to turn to the oil and gas services sector as source of deal flow as activity slows in mature markets. As early as April this year, deal volume in the oil and gas sector had hit almost $10 billion (€6.4 billion) across 16 transactions.
2 min read · 04 January 2013
The DLJ spin-out has sold its 100 percent holding in Catamount Energy after purchasing the company for $76m in 2005. Catamount operates a 300-megawatt wind farm in Texas and holds 1,750-megawatts in developmental interests in the UK and US.
1 min read · 04 January 2013
CVC has just invested in a deal in Germany. Nicholas Lockley admires the extraordinary efforts to deflect the industry's critics.
2 min read · 04 January 2013
The global buyout firm has sealed a deal for De La Rue's Cash Systems division at the lower end of price expectations. The division was responsible for the world's first automated teller machine, and now has its mechanisms inside one in 10 ATMs worldwide.
1 min read · 04 January 2013
The summer recess will give time for the government to refine its plans, which critics have said could lead to an industry exodus to more favourable neighbouring jurisdictions.
2 min read · 04 January 2013
French buy and build creates number two player in UK fabric care market and grows the Spotless Group’s portfolio of brands in its core markets.
1 min read · 04 January 2013
The UK fund of funds has backed funds from IDFC, Actis and Kotak.
2 min read · 04 January 2013