Pirelli Real Estate has said no agreement has been reached to create a European Retail Premium Group contrary to a statement issued by German retail company, Arcandor.
4 min read · 12 January 2013
Bain and TH Lee have pushed back the closing deadline by six months for their $27.5 billion buyout of Clear Channel. Goldman Sachs recently did the same for its $1 billion buyout of Myers Industries.
2 min read · 12 January 2013
The buyout group continues to enhance its debt market activities with closure of its first ever ‘credit liquidity’ fund.
2 min read · 12 January 2013
After keeping its powder dry in 2007, Tony Mallin's firm Star Capital Partners is looking forward to a busier 2008 as capital intensive businesses turn to private equity.
2 min read · 12 January 2013
Wilken von Hodenberg, head of Germany's longest established private equity manager, is looking forward to the next 12 months, despite capital market turmoil.
2 min read · 12 January 2013
Istithmar, a Dubai government-owned investment firm, reportedly plans to diversify into venture capital and debt investing as the unavailability of leverage makes larger deals more difficult.
2 min read · 12 January 2013
The firm has hired two new managing directors to lead its investor relations activities for its private equity fund of funds and hedge fund businesses in New York and Toronto.
2 min read · 12 January 2013
The private equity firm has agreed to buy $500 million in common shares of MBIA Insurance, and has backstopped an additional $500 million for a shareholder rights offering to be held in the first quarter of 2008.
1 min read · 12 January 2013
Conduit Capital Partners has sold three hydroelectric power plants in Mexico, the firm’s second successful exit this year from its 1999 vintage fund.
2 min read · 12 January 2013
Trade buyer H Bauer scooped the consumer magazine and radio business divisions of Emap at an 11.2 times profit multiple for £1.14 billion, leaving buyout firms empty-handed.
2 min read · 12 January 2013
