James Taylor

The Blackstone Group yesterday sealed a hard-fought victory in the $40 billion battle for Equity Office Properties. Now its thoughts will turn to making sure its investment bears fruit, writes James Taylor.

US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.

Google has revealed that its acquisition of YouTube last year netted a return of nearly $500 million for Sequoia Capital, the US venture capital firm behind the video sharing website.

Langholm Capital has taken a minority stake in two Danish furniture companies, marking its long-awaited first move into the home improvement market.

Google has revealed that its acquisition of YouTube last year netted a return of nearly $500 million for Sequoia Capital, the US venture capital firm behind the video sharing website.

Langholm Capital has taken a minority stake in two Danish furniture companies, marking its long-awaited first move into the home improvement market.

Apax Partners has completed its second lucrative exit in two weeks after selling TIM Hellas, the Greek mobile operator it co-owned with Texas Pacific Group, to Egyptian telecoms entrepreneur Naguib Sawiris.

The CVC-led consortium preparing a £9 billion bid for Sainsbury’s, a UK supermarket chain, has been further strengthened after Texas Pacific Group decided to abandon a rival bid and join the group.

New research on the venture capital market provides some grounds for optimism, as an increase in typical deal size takes investment levels to a four-year high despite fewer deals taking place.

3i will look to raise £1.3 billion by floating an infrastructure fund on the London Stock Exchange, which will acquire 3i’s current portfolio of assets in the sector.