The deal of the week looks to be Terra Firma’s acquisition of a “blue chip” real estate holding company for USD 3.2 billion. Reuters said that holdings include 40,000 homes with the UK government’s Ministry of Defense as an important tenant. The PE firm already owns a similar venture in Germany, which it might take public next year, according to the same report in Reuters.
One other sizable transaction that may emerge is the selling of a 50% stake in a UK-based telecommunication venture called Everything Everywhere owned by France Telecom, which has attracted interest from several un-named PE firms. It is valued at a whopping USD 11 billion, according to BW.