Private Equity
US buyout firm Apollo Management has continued its recent spate of activity by agreeing a $1.5 billion deal for the aluminium business of Xstrata, an Anglo-Swiss mining group.
1 min read · 04 January 2013
The private equity and venture capital backers of DocMorris, one of the biggest pharmacy brands in Europe, have secured a lucrative sale of the business to Celesio, Europe’s biggest pharmaceutical distributor.
2 min read · 04 January 2013
Cologne based CAM Private Equity has teamed up with Newmarkets Partners to begin marketing a flexible emerging markets fund of funds, which will allow investors to specify their areas of exposure.
1 min read · 04 January 2013
UK-listed private equity group 3i has sold Smart & Cook to Axa for £140 million, generating a return of over three times its investment.
1 min read · 04 January 2013
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
2 min read · 04 January 2013
The Private Equity Foundation, the industry’s recently-launched charitable initiative, has hired Shaks Ghosh, the former head of homelessness charity Crisis, to be its first chief executive.
2 min read · 04 January 2013
Three Delta, a Qatar-based investment group, has bought a 15 percent stake in UK retailer Sainsbury’s, increasing the pressure on the board to realise greater value from its real estate assets.
2 min read · 04 January 2013
The management of eismann, a German frozen food group, have teamed up with mezzanine provider Intermediate Capital Group to buy out their current private equity owners.
1 min read · 04 January 2013
Advent Venture Partners has hired Dr Richard Mason, a former senior vice-president at Cambridge Antibody Technology, as its executive-in-residence.
1 min read · 04 January 2013
A consortium of four private equity firms is contemplating the $17 billion sale of satellite operator Intelsat, potentially yielding a tenfold return on its initial investment.
1 min read · 04 January 2013