buyout

Apollo Global Management Creates the Largest Buyout Fund

Apollo Global Management Creates the Largest Buyout ...

Private equity is not going anywhere. The latest proof is about to be revealed soon, according to reporting by CNBC. Sources close to Apollo Global Management are suggesting the private equity firm is about to close its latest buyout fund. The fund is set to become the largest in the history of buyout funds.   Breaking records   The previous [...]

TPG’s Plans to Buy Fairfax Media Stalled, But Not Scrapped

TPG’s Plans to Buy Fairfax Media Stalled, But Not ...

Private equity firm TPG might have suffered a blow to its plans of taking over Fairfax Media, but the US-based firm is unlikely to walk away from plan altogether. The Australian publisher still has value to offer for the firm but its next move is not known.   Surging stock price to stall the buyout attempts   DealMarket reported on [...]

Private Equity Cuddles Up with a Toymaker

Private Equity Cuddles Up with a Toymaker

A private equity-led group has bought one of the biggest independent toymakers on the market. Private equity firm Privet Capital announced its buyout of Vivid Toy Group. The UK-based toymaker is behind big toys such as Moshi Monsters and Care Bears.   The story of the toymaker   Vivid Toy Group started in 1993 by making toys under licence to [...]

Shawbrook Rejects a Major Private Equity Bid

Shawbrook Rejects a Major Private Equity Bid

When companies are faced with a lucrative private equity deal, the most common response is to take the deal quickly. Sometimes this doesn’t happen and it can leave investors and analysts puzzled. Shawbrook bank decided to go the opposite way and rejected a £825 million takeover bid – for the second time.   The UK lender had been approached by [...]

SoftBank’s Unusual Entry to Private Equity

SoftBank’s Unusual Entry to Private Equity

The Japanese conglomerate SoftBank announced on Tuesday it’s buying Fortress Investment Group. The American private equity giant is an unusual purchase for the company, which has previously focused mainly on technology and telecommunications holdings.   Reuters reported the deal to be worth $3.3 billion. The deal will provide shareholders of the private equity firm $8.08 per share. This is a [...]

Co-op for sale – Private equity to the rescue?

Co-op for sale – Private equity to the rescue?

The Co-operative Bank has started its final effort to salvage its future, as it announced it is up for sale on Monday. The bank made the announcement after a warning on its capital reserves. Private equity firms have already announced interest, but other challengers remain in the way of a straight up sale.   The Financial Times reported that institutional [...]

IPOs Remain Strong Thanks to Private Equity

IPOs Remain Strong Thanks to Private Equity

  The market turmoil over the summer has certainly received not just a number of big headlines, but also investors’ attention. The Chinese stock market suffered the deepest one-day drop of all times and the Dow Jones Industrial Average also plummeted by nearly as much as 1,000 points during the third quarter.   While the volatile market conditions have certainly [...]

Bain Looking for £1bn Flotation for UK Brick Company

Bain Looking for £1bn Flotation for UK Brick ...

  Private equity firm Bain is set to help the UK brick company, Ibstock, list on the stock exchange. Ibstock is among the UK’s oldest and largest brick companies and the initial public offering is expected to raise around £1 billion. The IPO comes just less than a year after the company was taken private by the private equity firm. [...]

Chinese Billionaire After Terra Firma’s Odeon

Chinese Billionaire After Terra Firma’s Odeon

  Private equity firm Terra Firma is looking for a buyer for the Odeon cinema chain. Sunday’s papers reported that its likely buyer might come from China. The historic cinema chain has caught the attention of Wang Jianli, the Chinese business tycoon.   Terra Firma’s Role in Charge of Odeon Terra Firma acquired the cinema chain in 2004. At the [...]

GE Capital Finds a Buyer for Private Equity Unit

GE Capital Finds a Buyer for Private Equity Unit

  Reports on Thursday suggest General Electric has found a buyer for its private equity unit. According to the reports, French alternative asset manager Ardian is buying GE Capital Equity. The deal could be worth $500 million.   The News Break Out   News agencies started reporting the news on Thursday, with sites such as Bloomberg citing insider sources. According [...]

A Study Shows Companies Still Have Misconceptions Over Private Equity

A Study Shows Companies Still Have Misconceptions ...

  A new study has found companies don’t consider private equity buyouts as the preferred option for exiting the business. For analysts and private equity firm experts, the latest findings show how small and mid-sized companies are still unaware of the opportunities the industry can offer. Misconceptions over private equity continue muddying the waters.   The Survey’s Findings   The [...]

Private Equity Firm Grabs an Australian Copper Mine

Private Equity Firm Grabs an Australian Copper Mine

  A joint venture, led by the private equity firm EMR Capital, has secured a deal to buy an Australian copper mine. EMR Capital is teaming up with Lighthouse Minerals in a deal worth $10.75 million. It is a relief for the mine and its owners Aditya Birla Minerals, which have struggled under the current slump in commodity prices.   [...]

Cinven to Sell ‘Zombie’ Life Assurer

Cinven to Sell ‘Zombie’ Life Assurer

  Private equity firm Cinven could be about to sell the life insurance group, Guardian Financial Services, to another UK insurer. Reports on Thursday confirmed Phoenix is exploring to possibility of an acquisition – the deal could potentially exceed £1 billion.   Cinven’s Decision to Sell   The private equity firm bought Guardian Financial Services in 2011 from the Dutch [...]

Preqin: Private Equity Funds Slow to Change Fee Structure

Preqin: Private Equity Funds Slow to Change Fee ...

  Private equity industry has been under pressure in recent years. One of the key focus points has been the fee structure the firms use, but Preqin’s latest research shows firms have been slow to change. Most private equity firms still hang on to the old charging systems.   The Traditional Fee Structure   According to Preqin’s 2015 Private Equity [...]

Everstone Capital Advisors Raises $730 Million with Third Fund

Everstone Capital Advisors Raises $730 Million with ...

  The Singapore-based private equity firm announced on Tuesday the closure of its third fund. Everstone Capital Advisors, which is the private equity arm of the Everstone Group, said it has raised $730 million with the fund, which aims to focus on investments in India and Southeast Asia.   The Fund   According to the official statement, the Everstone Capital [...]