Private Equity
The Dutch bank is giving its buyout and expansion capital teams greater freedom to raise external money, as Barclays bid for the whole business is recommended.
2 min read · 03 January 2013
CVC Capital Partners is reportedly looking to bounce back from the disappointment of losing out in the battle for Sainsbury’s by turning its attentions to Altadis, a Spanish tobacco company.
1 min read · 03 January 2013
The Blackstone Group has completed the twice-delayed flotation of UK cinema chain Cineworld, as the group’s shares, reported to be three times oversubscribed, proved attractive to investors,.
1 min read · 03 January 2013
CEVA Logistics, an Apollo portfolio company, has offered $1.8 billion in cash for transport and logistics firm EGL. The offer, Apollo’s fourth, is a 13.2 percent premium over an agreed Centerbridge-backed bid that Apollo is trying to block with litigation.
3 min read · 03 January 2013
Buyout firm Terra Firm has realised £200 million from the sale-and-leaseback of some of the property estate of UK off-licence chain Threshers.
1 min read · 03 January 2013
Following another poor set of results and another share price fall, Debenhams chief executive Rob Templeman fears that his company is being made a scapegoat for private equity buyouts.
2 min read · 03 January 2013
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.
2 min read · 03 January 2013
UK mid-market firm Lion Capital has recruited Mary Minnick from Coca-Cola as a partner – the second senior executive from the company to leave for private equity this year.
1 min read · 03 January 2013
US buyout firm Apollo Management has secured UK property firm Countrywide with help from the hedge fund Polygon, after frantic eleventh hour negotiations which saw two consecutive revised bids from Apollo.
1 min read · 03 January 2013
Shareholders in Countrywide, a UK estate agency, voted overwhelmingly in favour of Apollo Management’s £1.05 billion offer today. The US buyout firm had been forced to sweeten its bid yesterday to fend off an eleventh hour approach from an unnamed suitor – reportedly UK group 3i.
2 min read · 03 January 2013
