Private Equity
Robert Tchenguiz has raised the stakes again in his increasingly fierce battle with Blackstone for tapas chain La Tasca, upping his original bid and buying a 20 percent stake in the business.
2 min read · 03 January 2013
Gordon Brothers lures two restructuring specialists from Barclays as it sets up a new private equity fund that will invest in distressed companies.
1 min read · 03 January 2013
Aureos, an emerging markets fund manager, will expand its Latin American operations with the launch of a new fund to invest in the region.
1 min read · 03 January 2013
The Bank of Ireland has appointed a UK head of acquisition finance as it looks to focus on leading larger transactions across Europe.
1 min read · 03 January 2013
A Terra Firma-led consortium has made a £10.85 billion buyout offer for Alliance Boots, just hours after the UK chemist accepted a sweetened £10.6 billion bid from Kohlberg Kravis Roberts. The company’s share price soared as investors anticipated a bidding war.
2 min read · 03 January 2013
Shares in Australian retailer Coles Group continued to climb as a A$20 billion bidding war between local rival Wesfarmers, a Kohlberg Kravis Roberts-led buyout consortium, and other international trade players looked increasingly likely.
2 min read · 03 January 2013
San Francisco-based Paul Capital Investments has hired Dana O’Brien, a Cornerstone Equity co-founder, to lead a New York-based programme for co-investment alongside the firm’s GP relationships.
1 min read · 03 January 2013
UK-listed private equity group 3i has been linked with a £375 million bid for Erinaceous Group, a scandal-hit property business.
2 min read · 03 January 2013
US buyout group TA Associates has made its latest acquisition in the healthcare sector, buying disease management company Alere Medical. It is the firm’s third deal in three weeks.
1 min read · 03 January 2013
US and UK buyout firm Hellman & Friedman has bought Kronos, a provider of human capital management solutions, in a deal valued at about $1.8 billion.
1 min read · 03 January 2013