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

Lock-up expiries will unlock IPO demand

Bolt cutters won’t be needed for 23 main market businesses

Nyrstar plans to raise equity and debt

Analysts say finance proposal should fix ‘stretched balance sheet’

RAC van

Carlyle enlists Rake for RAC flotation

Move coincides with CBI chief’s decision to quit Barclays’ board

Carlyle settles to avoid trial by jury

Deal ends allegations that largest PE groups fixed prices

Private equity’s oil interests go global

Private investors pile into virgin fields beyond North America

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

Buyout groups invest in UK North Sea oil

Blackstone and BWE’s $500m cash infusion

Cross the beta desert at your peril

John Dizard believes rational investment is impossible in a market rigged by central bankers

Pipeline of Europe’s IPOs continues to flow

Jimmy Choo and RAC among two dozen groups expected to float

Source: AA via Bloomberg News.
©AA/Bloomberg News

AA chief quits in boardroom stand-off

Chairman Mackenzie will take over day-to-day operations

Spire benefits from NHS sales

British hospital chain posts 10% rise in revenue

Cambridge silly price radio

Another one-time UK tech hopeful may be taken over for a stiff price

Brazil park service provider lures Advent

US private equity group taps growing Brazil tourism industry

Tim Hortons’ Canadian roots run deep

Beloved chain reassures anxious nation over Burger King takeover

Kunskapsgallerian M7 is something new in the education area. The building is situated in Nacka, south of Stockholm in Sweden. photo: Johan Jeppsson
©Johan Jeppsson

Free schools: Lessons in store

The merits of Sweden’s friskola are being questioned after the country plunged in the OECD rankings

Burger King takes aim at McDonald’s

Daniel Schwartz to challenge fast food group with Canadian deal

KKR invests in Chinese chicken producer

Private equity group targets need to improve food safety

MBK lines up $2.4bn Taiwan TV exit

South Korean private equity group’s second sale attempt

BK and Tim Hortons soar on merger news

Shares surge for groups after talks revealed over possible tie-up

BYD: lucky for some

Chinese car parts maker has yet to realise its dreams

Dealmaking shakes up consumer products

M&A in sector at highest since height of credit boom

Obermann joins Warburg Pincus as partner

Private equity groups looking for targets in telecoms sector

Locusts descend on Australian vineyards

Concern that country’s wines could lose their identity

Private equity’s goose is ‘overcooked’

Mountain of unspent cash looms as assets appear expensive

Apollo in talks to buy BES insurance arm

Tranquilidade could be sold for €200m

Edward Bramson

Bramson steps up pressure on Electra

Activist aims to appoint himself and Brindle to board

Bain buys half of ethical shoemaker Toms

Founder Blake Mycoskie to concentrate on charity side of business

Drugmaker link-up puts Astra on top

FTSE 100 gains pared by miners, which fell on China data

Rusal restructures $10bn debt pile

Aluminium producer began negotiations last year

Treasury Wine Estates posts $101m loss

After ‘challenging’ year, Australian winemaker says it is ‘positioned for success’

Vision Capital eyes IPO for BrightHouse

Rothschild to examine options for ‘rent-to-own’ retailer

Goldman gives junior bankers 20% pay rise

US move comes in battle to attract and retain young graduates

Cyber security group vArmour raises $35m

Citibank’s VC arm and Menlo Ventures lead fundraising

PE groups take a second bite at the apple

European groups opt to buy back companies they used to own

Chinese builder buys game-maker for $960m

Conglomerate joins others moving into middle-class entertainment

Everstone hires former Goldman executive

Entwistle to lead fund focused on India

Jana claims Petsmart strategy leaked

Activist hedge fund threatens to publish presentation

The Woolpack in Bermondsey, part of Punch Taverns.
©Charlie Bibby

Punch says restructuring has ‘momentum’

Tavern group seeking to cut £2.3bn in debt by £600m

Singapore state funds blaze ecommerce trail

GIC and Temasek emerge as biggest state-backed investors in sector

Lanxess risks becoming takeover target

Chief executive warns company is vulnerable during restructuring

Canada pension fund sees India opportunity

CPPIB plans to expand portfolio to private equity and credit