Deals

The Guy Hands-led firm is offloading the cinema chain in a £921m deal after a 12-year hold.

The firm has acquired neuraxapharm in Germany and Invent Farma in Spain as it looks to consolidate the European generics market.

The firm is selling the Nordic fintech marketplace to Bauer Media in a €170m deal.

In its second exit this week, Apax is offloading the software maker in a deal generating a 4.4x return.

The firm has teamed up with CDPQ and CIC to acquire French property management services provider Foncia in a €1.8bn deal.

Nordic firm Norvestor has agreed to acquire the Scandinavian energy services supplier for an undisclosed sum.

Thoma Bravo will pay around C$1.6 billion for the Canadian auto marketplace.

Malaysia-based private equity firm Navis Capital Partners has acquired a stake in Tawada Healthcare, one of the largest medical device distributors in Indonesia.

Depressed exit activity could be exacerbated by the industry’s reliance on secondary sales, the industry body says.

The €310 million sale was unaffected by ‘Brexit’, but there will be a lasting slowdown in the wider M&A market, the firm said.