Softbank UK Ventures has invested in Venation a company which has come out of BT’s technology incubator Brightstar.
Bundeseisenbahnvermögen, the German federal authority, has sold 114,000 flats to private equity investors. Deutsche Annington Immobilien, a subsidiary of Nomura, has bought 64,000 of the flats.
Reports suggest that CVC Capital Partners is likely to acquire Bank Austria’s shareholding in Lenzing Fibres having increased its offer to E90 per share.
The medical equipment company raised the financing in three rounds over the last year. It will be used for increased marketing, product development and expansion into the US.
Reports suggest that Nomura is paying more than £600m for the Bass pubs estate but Bass says no deal has been finalised.
Nomura has paid £625 for the Bass pubs estate. It may convert a large number of the managed houses to leased pubs.
Venture capital group Kappa IT Ventures has appointed Dr Bettina Strube, Mark Breitfeld and Guido Appenzeller to the firm.
The initiative brings together academics, venture capitalists and other financial institutions to promote Manchester as a centre of innovation and investment.
The mortgage lender, which has £540m of mortgages on its books, has been sold by Cabot Square Capital to Britannia Society Group.
The international private equity group has plans to develop its presence in the UK, Ireland and the Nordic region over the next six months.