James Taylor
Enterprise, a UK maintenance group, has confirmed that it is in discussions with 3i about a revised 605p-per-share bid, a 5 percent increase on the buyout group’s original offer.
3i-backed Quadriga Capital Russia has sold off a 52 percent stake in JSC Morion to the banking arm of Gazprom.
Carlyle’s attempts to increase its footprint in Asia have suffered a further setback, after an independent committee voted to cancel its exclusive bidding arrangement with Taiwanese firm Adavanced Semiconductor Engineering.
Private equity firms are amongst the favourites to buy the education arm of Reed Elsevier, after the publishing company said it was putting the division up for sale.
Apollo Management now has the financing in place to launch its £1 billion bid for UK estate agency chain Countrywide.
Index Ventures has belied an uncertain fundraising environment for venture firms by raising a €350 million fund that was “many times oversubscribed”.
Duke Street Capital has edged ahead of other trade and financial buyers as it tries for a second time to buy Burton’s Foods, a snack maker valued at about £200 million.
Eurazeo, Bridgepoint and TDR are reportedly leading the chase for Apcoa, the Investcorp-backed car park company, after NCP and Macquarie dropped out.
CBI director-general Richard Lambert has spoken out in support of the private equity industry.
Index Ventures has belied an uncertain fundraising environment for venture firms by raising a €350 million fund that was “many times oversubscribed”.