Private Equity

After market turmoil left the industry reeling, buyout groups are coming back to life and looking at some of the biggest deals since the collapse of Lehman Brothers

Wanda frontrunner for Infront Media deal

The Chinese property conglomerate is nearing €1bn deal for Swiss sports marketing company

Caesars unit eyes bankruptcy protection

Restructuring agreement reached with some senior creditors

Fosun raises bid for Club Med to €939m

Chinese group’s price is 2.5% above Italian investor Bonomi

US private equity beaten by Russell Brand

Victory for protesters after affordable housing campaign

Dunkin’ Donuts poised for China push

Asian fund RRJ and Manila’s Jollibee Foods to sign stores deal

Special reports

A vendor arranges fruits at a market in Rio de Janeiro ©AFP

Dollar, won, yen, UBS, Asia, Swiss franc and Latin America

illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

Roberto Quarta

Cost-cutter Quarta at Fort Sorrell gates

Investors will want to see if the chairman-designate stands up to the founder

New York tops year’s market for IPOs

Alibaba flotation ensures lead in global hunt for returns

Clessidra again frontrunner for Cavalli

Private equity group in exclusive talks with Italian fashion house

Xavier Niel buys Orange Switzerland

French entrepreneur acquires group from Apax Partners

Jeb Bush’s interests face scrutiny

Donors are concerned about Bush’s complex business dealings

Cerberus makes £2.3bn real estate bet

US private equity group buys risky property loans

PICTURE BY CIARAN McCRICKARD 12/05/2005 - Online retailer Lastminute.com has agreed to a £577m ($1.07bn) takeover bid from Sabre Holdings, owner of the Travelocity online travel business. Shares in Lastminute rose on Thursday, having surged by more than 45% a day earlier when it revealed the approach

Lastminute.com sold for £76m

Price is a small fraction of the £600m it was bought for in 2005

Bank of Cyprus shares to resume trading

Bailed out lender may seek secondary listing in London

Bain to acquire CRH brickmaking units

Purchase of businesses includes clay and concrete units

Petsmart: hitting it out of the park

If private equity is buying, think carefully about selling

Credits for BT romcom will roll for ages

EE and O2 have thrown themselves at BT’s photogenic leading man

Terra Firma eyes flagship green bet exit

Private equity group exploring Infinis stake sale

Henry Lane Fox (left) and Frank Meehan, co-founders of SmartUp. For Business Life.
©Charlie Bibby

On the path of digital disruption

Technology venture SmartUp plans to shake up the MBA market

Petsmart $8.7bn buyout tops 2014 charts

Team led by Europe’s BC Partners buys chain

Cloudy horizon for Iomart

Cinven was right to be wary of buyout as share price falls

Portrait of Dominique Senequier, Axa Private Equity CEO, photographed for the Financial Times in Paris a the Head Office on 20 place Vendôme. Photo Magali Delporte copyright

Senequier: A French financier’s burden

A leading private equity boss feels hampered by nationality

Investors start legal battle against OW Bunker

Nine investors try to ascertain if losses can be recovered

High fees, weak returns hit hedge funds

Growing awareness of the overall cost of alternative assets


Tech IPOs surge rescues paper losses

New Relic and Hortonworks shares jump on debut

Hugo Boss model

Permira cuts exposure to Hugo Boss

Private equity house trims holdings in designer brand

FCA leak takes heat off exit fees debate

Life assurance shares fell sharply in March after Telegraph story

Ecclestone vows to maintain grip on F1

CEO fights against proposal to reduce his influence over the series

Banks flouted analyst rules for IPO role

Favourable research offered for business from Toys ‘R’ Us

Cargill plans standalone bid for Nutreco

US trader calls for access to Dutch group’s books

BlackRock leads Coupang investor drive

US group leads $300m investment in online retailer

Alternative finance steps out of the shadows

As traditional banks shed assets, other institutions have moved to take their place as lenders

RBC fund management chief steps down

John Montalbano assumes new position as vice-chairman of RBC Wealth Management

Bidders aim for Club Med listing

Brazilian investor and China’s Fosun gear up for investment programme

Carlyle to sell Japan semiconductor unit

Sale of Covalent Materials to CoorsTek ends rocky 8-year investment

London’s Camden Market to float

Company aims to raise £100m on Aim by end of year

Towergate offloads aircraft cover unit

Insurance broker raising £27m from sale of Hayward Aviation

Petropavlovsk shares plunge on debt plan

Russian gold miner to launch deeply discounted $235m rights issue

Temasek buys stake in high-speed trader

Singapore’s investment company takes minority holding in Virtu Financial

Start-up scene begins to gain traction after slow start

One of the ‘seven pillars’ for shaking up the economy is to make life easier for risk takers

Jo Arckle, a winery helper at the Chapel Down Winery near Tenterden, Kent, picks Rondo grapes during their harvest following the long hot summer this year which created good growing conditions and the prospect of a bountiful crop of quality grapes.

Equity crowdfunding thrives despite risks

Investors put further £40m into sector despite watchdog’s warning