Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
2 min read · 12 January 2013
KKR is reportedly unlikely to yield much on debt terms.
2 min read · 12 January 2013
SAC Private Capital, the private equity arm of a US hedge fund group, has acquired a control stake in Cosmos Bank at a discount, saving it from government receivership.
2 min read · 12 January 2013
US buyout firm TPG is considering a bid for cable broadband company Virgin Media. It is also lining up its first Russian deal.
2 min read · 12 January 2013
Nicholas Lockley, editor of PrivateEquityOnline.com, looks behind the headlines of the last four weeks on the web.
3 min read · 12 January 2013
When corporate restructuring affects the security of a defined benefit pension scheme, trustees will insist they are invited to the negotiating table. Myles Pink looks at the ways in which corporate activity has been affected by changes to pensions legislation, the influence of scheme trustees in the negotiating process and what options are available for private equity acquirers.
6 min read · 12 January 2013
Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.
9 min read · 12 January 2013
Kohlberg Kravis Roberts' £12bn (€17.8bn; $24.3bn) acquisition of health and beauty chain Alliance Boots was the largest buyout ever seen in Europe – but after global credit markets nosedived during the summer months, the underwriting banks were left with a record-sized headache. Toby Lewis traces the deal's progress.
5 min read · 12 January 2013
Emerging Capital Partners managed to make a 3.4 times return from its stake in a rubber company with operations in the Ivory Coast, despite the country being wracked by civil war.
4 min read · 12 January 2013
A new Softbank affiliate is making its mark across Asia.
5 min read · 12 January 2013
