The listed debt and equity provider has reported strong quarterly results and increased its dividend expectations, arguing that its “one stop buyout” model gives it a crucial advantage in the current market.
2 min read · 12 January 2013
Soon after PEO revealed that the Virgin Group is launching its first institutional buyout fund, its chief executive has reportedly outlined plans to pursue a ‘branded venture capitalism’ strategy, as it looks to take on large buyout firms like Blackstone and Apax.
2 min read · 12 January 2013
Emap, the media group that is currently being circled by various private equity firms, has paved the way for its forthcoming £2 billion sale by offering its shareholders a way of minimising their potential tax bills.
2 min read · 12 January 2013
The flurry of Refco litigation continues, as TH Lee has now filed suit against Grant Thornton, the independent auditor hired to perform due diligence on Refco before the 2004 merger agreement. The private equity firm alleges the auditor failed to notify it of suspicious transactions on Refco’s balance sheet.
2 min read · 12 January 2013
Franklin Templeton Investments’ buyout arm has launched the largest mezzanine fund in central and eastern Europe.
2 min read · 12 January 2013
Exponent Private Equity has teamed up with old ally Clive Kahn, the former boss of Travelex, for the £70 million acquisition of Cardsave, a UK-based firm that supplies credit card terminals to small retailers.
2 min read · 12 January 2013
The European Central Bank has attempted to further calm the markets with a greater loan issuance today and it has been followed by the US Federal Reserve.
2 min read · 12 January 2013
Apax Partners has reportedly been forced to postpone its bid for UK media business Emap while it struggles to find a bank prepared to underwrite the bid.
1 min read · 12 January 2013
Alchemy Partners is backing an £80 million buyout bid for UK-listed recruitment group Imprint. The company’s shares jumped 20 percent on the news.
2 min read · 12 January 2013
The European Central Bank has injected almost €95 billion into the money markets in an attempt to boost liquidity, amid growing fears of a credit crunch.
2 min read · 12 January 2013
