Deals

The suit between Terra Firma and Citi means a great deal to Guy Hands and his firm’s LPs. It could also have serious implications for the M&A market.

The Terra Firma founder and chairman denied that ‘material’ information was withheld from the directors of the Terra Firma fund general partners.

The Canadian public sector investment manager is buying a 9.99 percent stake in Glencore Agricultural Products.

The Terra Firma founder and chairman will give evidence in a London High Court today in the firm’s case against Citigroup.

Terra Firma returns to court today seeking damages of around £1.6bn from former banking partner Citi.

The UAE-based firm is acquiring a minority stake in Fibabanka through Abraaj Turkey Fund I, which is currently closing in on its $500m target.

The listed investment trust is expected to make a 2.6x return and 50% IRR from its sale of Jersey-headquarted fund administrator Elian to Intertrust Group.

The San Francisco-based private equity firm is acquiring engagement marketing software provider Marketo for $1.79bn out of Vista Equity Partners Fund VI, which is targeting $8bn.

Moscow-based Berwin Leighton Paisner (BLP) partner and head of corporate/M&A at Goltsblat BLP Anton Sitnikov explains why Russia remains a tough private equity market.

The German womenswear retailer is one of the remaining assets in the former Douglas Group, which Advent acquired in 2012.