Eleven different groups have expressed an interest in bidding for struggling airline Alitalia, according to the Italian government, including Texas Pacific Group and Terra Firma.
2 min read · 12 January 2013
The publicly traded merchant bank has committed $30m to Stroz Friedberg, which will use the money for employee incentives and to expand its geographic reach.
2 min read · 12 January 2013
Inside one of London's most striking towers, four European bankers recently gathered to discuss the liquidity in the debt markets, the requests of their clients and why Europe is more sophisticated than the US. By Robin Marriott
10 min read · 12 January 2013
Chinese regulators appear to be toying with the emotions of private equity firms through a mixture of pronouncements – some interpreted as good, some bad, others virtually impossible to interpret in the first place. On the whole, though, things seem to be moving in the right direction for general partners. Andy Thomson reports.
9 min read · 12 January 2013
The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.
3 min read · 12 January 2013
Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.
4 min read · 12 January 2013
Along with members of the company’s management team, the two firms have agreed to buy Nasdaq-traded Educate in a deal worth $545m. It is Citigroup’s and Sterling’s second education-related deal announced today.
2 min read · 12 January 2013
Industri Kapital has made 2.5 times its investment on the sale of Gardena, a gardening tools manufacturer, for €730 million.
2 min read · 12 January 2013
Lone Star will not proceed with a planned lucrative exit from Korea Exchange Bank because of continuing investigations surrounding its investment in 2003.
2 min read · 12 January 2013
KKR appoints China advisors * Kleiner Perkins bolsters China resource * AlixPartners to ride India wave * Herbert Smith hires for new Dubai office * Bain appoints Japanese tech veteran * Green joins Barwon as third partner * Navis expansion gathers speed * ABN AMRO expands Asia financial sponsor coverage
5 min read · 12 January 2013