James Taylor
The Sainsbury family seems to have triumphed in its bid to keep the UK retailer out of private equity hands, after the last remaining members of the buyout consortium admitted defeat in their battle to take the company private.
US buyout firm Apollo Management has continued its recent spate of activity by agreeing a $1.5 billion deal for the aluminium business of Xstrata, an Anglo-Swiss mining group.
Wendel, the French-listed investment group, is continuing its efforts to expand outside its home market by launching an Asia-Pacific operation and recruiting Philippe Donnet to run it.
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.
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
Secondaries specialist Coller Capital, the principal backer of Forbion Capital Partners’ spin-out from ABN AMRO Capital, has moved to diversify the firm’s investor base by selling part of its stake to seven leading private equity investor groups.
The Blackstone Group’s forthcoming public offering might be the first casualty of US legislation aimed at tightening the tax treatment of private equity, according to reports.
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
Secondaries specialist Coller Capital, the principal backer of Forbion Capital Partners’ spin-out from ABN AMRO Capital, has moved to diversify the firm’s investor base by selling part of its stake to seven leading private equity investor groups.
The Blackstone Group’s forthcoming public offering might be the first casualty of US legislation aimed at tightening the tax treatment of private equity, according to reports.