Europe Home to the Week’s Largest Buyouts


October 22, 2012

This week has two large buyouts as deals of the week, both are in Europe. Bain Capital is acquiring a call center unit of Telefonica in a USD 1.3 billion deal, reports Dealbook.


The other is a larger transaction that sees Advent backing the Kreke family-owned German retailer Douglas in a USD 2 billion take-private deal, according to reports from Reuters. The takeover offer is being made by an investment vehicle of which Advent owns 80 percent and the Kreke family 20 percent.


If the transaction is successful, it would be the second-largest private equity-backed deal in Germany this year, after bandages maker BSN Medical was bought by Sweden’s EQT.

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