Robert Venes
Mike Anderson of Intermediate Capital Group looks at hidden dangers lurking in the capital structure of leveraged buyouts.
Investcorp has made its second acquisition of a French auto parts distributor in the last month with the purchase of Orefi from PPM Capital for an undisclosed sum.
Motorola has acquired UK wireless Ethernet solutions provider Orthogon Systems.
The Boston-headquartered buyout firm has raised $8bn for Bain Capital IX, with a further $2bn allocated to a co-investment vehicle for larger transactions.
The UK garden centre business has received a 555p per share bid from a consortium led by Sir Tom Hunter’s West Coast Capital and Icelandic investment company Baugur.
The technology-focused venture capital firm is aiming to raise at least €100m for its second vehicle, which will invest predominantly in the European clean technology sector.
UK retailer Debenhams has revealed that it will carry out an initial public offering on the London Stock Exchange valuing the business at between £1.7bn and £2bn.
UK serviced office provider Regus has bought back a majority stake in its Regus UK business three years after selling it to UK private equity firm Alchemy Partners.
The Danish telecom’s bond issue will help finance a €2.031bn bridge facility following the private equity-backed €10bn buyout of the Danish telecom last November.
Global buyout firm Kohlberg Kravis Roberts is planning to raise up to $1.5 billion from an IPO on Amsterdam’s Euronext Exchange.