Private Equity
The largest federation of unions in the US has written the SEC in an attempt to halt Blackstone’s IPO, according to the Financial Times.
2 min read · 04 January 2013
IFR Capital, an AIM-listed joint venture between food entrepreneur Heiner Kamps and Nomura spinout ACP Capital, has bought Homann Chilled Food for about €180 million – a relatively low valuation for a deal in the sector.
1 min read · 04 January 2013
Friends Provident, the UK financial services group, shares rose on reports of a bid from its French rival Axa and private equity firm JC Flowers.
1 min read · 04 January 2013
UK buyout firm Permira is on the road to acquiring Valentino as Carlyle pulls out of the bidding.
2 min read · 04 January 2013
UK buyout firm Terra Firma has sold Thresher Group to a consortium led by Duke Street Capital founder Eddie Truell. Sources insisted the firm has made a profit on the deal, despite reports that it had been forced to sell the group at a loss.
2 min read · 04 January 2013
Apax Partners and TH Lee are reportedly going head to head with both Goldman Sachs Capital Partners and PAI as well as broadcasters Televisa and CBS in a hotly contested auction for Telefonica’s Endemol.
2 min read · 04 January 2013
French private equity firm Axa has sold a French roofing business from its buyout fund III portfolio to a publicly-listed British construction and supplies company.
1 min read · 04 January 2013
3i’s growth capital division has taken a 25 percent stake in Finnish mobile operator DNA Oy, previously Finnet Oy, as private equity interest in the maturing European telecoms sector shows no sign of waning.
1 min read · 04 January 2013
EMI’s share price has risen on the back of speculation there will be a counter offer for the music group, although one reportedly interested party ruled itself out of the bidding.
2 min read · 04 January 2013
AIG Capital Partners, an emerging markets private equity specialist, has bought a 42 percent stake in a Romanian telecoms business for €45 million. It is the firm’s latest investment in what has become an attractive destination for private equity.
1 min read · 04 January 2013