Private Equity
US buyout firm Kohlberg Kravis Roberts has signed yet another mega-deal, agreeing to pay $29 billion for First Data, a US listed electronic payments business. It has now signed up to over $100 billion of deals in a matter of weeks.
2 min read · 03 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 · 03 January 2013
Advent International has snapped up Stokomani, a French discount retailer, from the Alpha Group.
1 min read · 03 January 2013
Apax Partners has looked to bolster the US presence of portfolio company Travelex by bolting on Ruesch International, a rival payment services business owned by Welsh Carson Anderson & Stowe.
2 min read · 03 January 2013
Shares in Kingfisher soared today after reports that Goldman Sachs’s private equity arm is considering a bid for the company.
1 min read · 03 January 2013
Qatar National Bank has teamed up with Oxford Capital Partners to found Qatar Capital Partners, which will back technology companies in Qatar.
1 min read · 03 January 2013
NBGI Private Equity has benefited from Duke Street’s attempts to consolidate the chilled foods sector, making a sizeable return on the £22 million sale of Brambles Foods to Food Partners.
2 min read · 03 January 2013
Shares in Sainsbury’s, a UK retail chain at the centre of a controversial £10 billion private equity bid, slid this morning as two more of the buyout firms involved reportedly pulled out of the deal. The news followed continuing opposition from pension fund trustees and minority shareholders.
2 min read · 03 January 2013
Warburg Pincus, one of the most experienced Asian private equity investors, has strengthened its regional team with the hire of ex-McKinsey director Leo Puri.
2 min read · 03 January 2013
Texas Pacific Group is reportedly considering a €3.4 billion bid for Iberia, Spain’s largest airline, as its bid for Australia-based Qantas continues to flounder.
2 min read · 03 January 2013
