Apax, Barclays sell Somerfield for £1.6bn
The UK's Somerfield supermarket chain, acquired for £1.8bn in 2005 by an Apax- and Barclays-led consortium, has been sold on a cash-free, debt-free basis. The sale reportedly resulted in a 2x exit for the syndicate.
12 January 2013•1 min read
PRIVATE CREDIT
Register to unlock this content
Daily global private credit news and market intelligence- Expertly curated insights that keep you ahead of the market
- Faster, data-driven decision making powered by our AI interface, 'Ask PEI'
- Access to proprietary research and reports
- Selected fund performance and investor activity data