James Taylor
A study of the corporation tax bills of the ten biggest private equity backed firms in the UK has revealed that, between them, they actually depleted the Treasury’s coffers last year.
The UK motorway service station chain will continue its gradual recovery and yield a solid return for its backer Investcorp when it completes a £300 million recapitalisation this week.
Rupert Soames, who built UK-based Aggreko into a global company, has become the latest high-profile industry figure to criticise private equity.
Permira and Apax could be set for a substantial return if New Look, the UK clothing retailer, goes ahead with a £2 billion secondary buyout or flotation.
The UK motorway service station chain will continue its gradual recovery and yield a solid return for its backer Investcorp when it completes a £300 million recapitalisation this week.
Rupert Soames, who built UK-based Aggreko into a global company, has become the latest high-profile industry figure to criticise private equity.
Permira and Apax could be set for a substantial return if New Look, the UK clothing retailer, goes ahead with a £2 billion secondary buyout or flotation.
Permira head Damon Buffini has spoken out in defence of private equity, as trade union opponents continue their campaign to denigrate the industry.
US buyout firm General Atlantic is reportedly considering a flotation of Xchanging, the UK-based outsourcing business.
PEO finds out why Andrew Beaton and David Smith have joined Capital Dynamics from Glenalta, the co-investment business they founded only last year.