James Taylor
Fortress Investment has bought UK-listed reinsurer Alea for £162 million or 93 pence per share – a 65 percent discount on its issue price when Kohlberg Kravis Roberts floated the business in 2003.
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.
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.
Carlyle Group co-founder David Rubenstein has warned that recent initiatives to improve transparency in private equity will never completely appease the industry’s critics, and suggested that a re-branding exercise may be necessary.
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
Australian bank Macquarie has criticised the Alinta board for recommending a rival bid led by Babcock & Brown.
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.
Carlyle Group co-founder David Rubenstein has warned that recent initiatives to improve transparency in private equity will never completely appease the industry’s critics, and suggested that a re-branding exercise may be necessary.
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
Australian bank Macquarie has criticised the Alinta board for recommending a rival bid led by Babcock & Brown.