James Taylor
CCMP Capital Asia has been hit with $32 million tax bill from the South Korean authorities, in the latest setback for private equity firms active in the country.
Shares in Taiwan-based ASE, the world’s largest chip testing company, soared to a seven year high today, after The Carlyle Group withdrew its $6 billion bid for the company. Many investors felt the offer was too low.
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.
US media and communications specialist Veronis Suhler Stevenson is buying a minority stake in Zed, a leading Spanish mobile content provider valued at about €400 million. It is the firm’s first investment in the country.
US investment group Fortress may have to go head-to head with US hedge fund Polygon for a second time, over the buyout of London-listed reinsurer Alea.
CCMP Capital Asia has been hit with $32 million tax bill from the South Korean authorities, in the latest setback for private equity firms active in the country.
Shares in Taiwan-based ASE, the world’s largest chip testing company, soared to a seven year high today, after The Carlyle Group withdrew its $6 billion bid for the company. Many investors felt the offer was too low.
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.
Bear Stearns Merchant Banking has provided another demonstration of private equity’s appetite for healthcare businesses, buying US-based Universal Hospital Services for $712 million.
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.