Private Equity
Central and eastern European buyout specialist Mid Europa Partners has acquired television and internet company Serbia Broadband from Bedminster Capital Management, in the country’s first leveraged buyout.
2 min read · 04 January 2013
The staff of UK-based Saga will receive a £280 million ($560 million, €416 million) payout following the company’s merger with the AA, a UK vehicle breakdown service. The chief executive of the newly formed group, Andrew Goodsell, plans to lead the company into the FTSE 100.
2 min read · 04 January 2013
The German government’s latest draft of a new private equity law is good news for venture capitalists but does nothing for late stage investors.
3 min read · 04 January 2013
Several private equity firms, including Cerberus Capital Management, Ripplewood Holdings and One Equity Partners, are reportedly looking at bids for car-maker Ford Motor Company’s two luxury UK marques, Land Rover and Jaguar.
1 min read · 04 January 2013
HM Capital became the latest in a slew of private equity firms to invest in distributors of yellow pages directories, when it announced an agreement to acquire Phone Directories Company. The investment is the first from HM’s new Sector Performance Fund.
2 min read · 04 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 04 January 2013
Alliance Boots chairman Sir Nigel Rudd thinks the UK Pensions Regulator should be allowed to decide the appropriate level of funding for the pension schemes of companies involved in buyout deals.
2 min read · 04 January 2013
Candover has agreed to pay €1.5 billion to buy Stork, a Dutch industrial conglomerate that has been involved in a long-running battle over strategy with the two hedge funds that are its biggest shareholders.
2 min read · 04 January 2013
The French listed buyout firm is in pole position to win the auction for Elis, a French textile business, after revealing that it has entered exclusive negotiations to buy the business from rival PAI Partners.
1 min read · 04 January 2013
Private equity dominated discussions in the US this week, as high-ranking government officials, superstar investors and senior executives commented on the building tax controversy confronting the industry, as well as the longevity of the so-called buyout boom.
3 min read · 04 January 2013
