James Taylor
Blackstone has sold its remaining shares in the care home operator for £169 million.
In the wake of the recent controversy over private equity, the UK Treasury’s Select Committee is to conduct an enquiry into the industry. Both sides of the argument are likely to find support.
TPG has made its first lead investment in Japan, taking a minority stake in TOMY as the country’s second largest toymaker looks to boost overseas sales.
The Carlyle Group has completed a significant investment in China, while recruiting two top Asian executives to strengthen its operations in the region.
The private equity consortium circling Sainsbury, a UK supermarket chain valued at about £10 billion, has been given until April 13 to decide whether or not to bid for the company
Allianz Private Equity Partners has raised an €823 million fund-of-funds, which it will use to invest in buyout and venture funds worldwide.
The GMB trade union hopes Tom Hicks, Liverpool Football Club’s new owner and former head of Hicks Muse, will have more than European glory on his mind tonight. The union is planning to stage another protest against Hicks during the club’s European cup tie against Barcelona.
The Blackstone Group is leading the €10 billion chase for the Chrysler car-making division of German automotive group DaimlerChrysler, although it may face competition from Cerberus and General Motors.
The UK retailer will open its books to Kohlberg Kravis Roberts, after the buyout firm increased its bid to £10.40 per share or £10.1 billion.
The private equity consortium circling Sainsbury, a UK supermarket chain valued at about £10 billion, has been given until April 13 to decide whether or not to bid for the company