James Taylor
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.
Specialist restructuring advisor TRG has launched a new division that will help private equity firms make better returns from under-performing funds.
Bill Gates and Saudi Prince Alwaleed Bin Talal have backed a $3.8 billion take-private of Four Seasons, a chain of 74 luxury hotels.
Texas Pacific Group is one of five groups selected by the Italian government to bid for struggling airline Alitalia. It now has until April to put together an offer.
Shares in building supplies group Wolseley rose as much as 8 percent this morning following reports that buyout firm Cinven is preparing a bid for the company, but Wolseley has denied receiving any approach.
The UK’s industry body is set to meet with trade union representatives, as two Labour deputy leadership candidates support union opposition to private equity.
Alliance Boots, the UK retail chain that recently rejected a £10 billion buyout offer from Kohlberg Kravis Roberts, has lost one of its brokers to the bidding team, fuelling speculation that an improved offer may be forthcoming.
Clayton Dubilier & Rice, a US buyout firm, is set to take advantage of growing private equity interest in wholesale and distribution businesses by selling Brakes, a UK catering business valued at about £1.2 billion.