Private Equity
The details of the sale options for struggling UK bank Northern Rock reveal bidders may be able to acquire the bank without taking on the company’s expected £24 billion debt to the Bank of England.
2 min read · 04 January 2013
Qatari investment company Three Delta may be thwarted in its attempts to buy UK supermarket Sainsbury’s by the founding Sainsbury family. The family has reiterated in a statement that its acceptance of any bid is conditional on the Qatari firm providing an adequate pensions settlement.
1 min read · 04 January 2013
Private equity firms continue to target the country’s aging demographic.
2 min read · 04 January 2013
Alistair Darling, the UK Chancellor of the Exchequer, has scrapped taper relief, the tax treatment that allowed private equity executives to pay as little as 10 percent on capital gains. Tax experts condemned the move.
3 min read · 04 January 2013
Trade buyer Towergate has bought IT company Open International from Montagu Private Equity, led by Chris Masterson, indicating trade sales are still viable as an exit route.
1 min read · 04 January 2013
The European buyout manager of UK bank Barclays has joined the throng of firms looking to profit from the boom time in the oil and gas industy.
1 min read · 04 January 2013
The investment banking arm of UK bank Barclays has appointed Ramon Walsh to its leveraged finance team confident the loan market will recover in 2008.
1 min read · 04 January 2013
Sir David Walker has spoken out against demands for separate legislation of private equity and has defended his decision to give UK industry group the BVCA the responsibility of enforcing his proposed code of conduct.
3 min read · 04 January 2013
Emerging Capital Partners, the pan-African buyout firm led by Tom Gibian, which started the trend towards regional funds on the continent, looks set to hit the fundraising trail just months after closing its latest fund.
2 min read · 04 January 2013
South Eastern European investment firm Marfin Investment Group has deployed much of the €5.2bn it raised from the public markets in June.
2 min read · 04 January 2013
