Edition:
United States

Simon Meads

Buyout firms seek Spanish route to Latin America

Dec 14 2012

LONDON Private equity firms are on the hunt for cheap Spanish companies that can give them a springboard into fast-growing Latin America, raising hopes for a pick-up in deals next year as bank-related sales slowly get off the ground.

Intersnack to buy KP Snacks from United Biscuits

Dec 05 2012

LONDON German group Intersnack is to buy KP Snacks, Britain's second-largest savory snacks maker, in a deal that could pave the way for the sale of the rest of United Biscuits by its private equity owners.

ProSiebenSat expects two bids for Nordic TV arm -sources

Nov 29 2012

LONDON, Nov 29 ProSiebenSat.1 is expecting two bids for its Nordic TV channels, valued at more than 1 billion euros ($1.3 billion), five people familiar with the situation said.

IK Investment plans sale of fire safety firm Minimax

Nov 23 2012

FRANKFURT/LONDON Private equity group IK Investment Partners is planning to sell Germany-based fire extinguisher maker Minimax, which generated 1 billion euros ($1.3 billion) in sales last year, sources said.

IK Investment plans sale of fire safety firm Minimax

Nov 23 2012

FRANKFURT/LONDON Private equity group IK Investment Partners is planning the sale of German-based fire extinguisher maker Minimax, which generated 1 billion euros ($1.3 billion) in sales last year, four people familiar with the situation said.

IK considers sale of fire safety firm Minimax -sources

Nov 23 2012

FRANKFURT/LONDON, Nov 23 Private equity group IK Investment Partners is considering the sale of fire extinguisher maker Minimax, which generated 1 billion euros ($1.3 billion) in sales last year, four people familiar with the situation said.

Advent raises 8.5 billion euros for buyout fund

Nov 13 2012

LONDON Advent International has amassed 8.5 billion euros in one of the biggest private equity fundraisings since the financial crisis, helped by the U.S. group's strong track record on returns.

RLPC-Three buyout houses vie for Intertrust as two drop out

Oct 31 2012

LONDON, Oct 31 Three private equity firms are left in the running for Dutch trust and corporate management business Intertrust Group after Carlyle and Goldman Sachs Private Equity dropped out, banking sources said on Wednesday.

Firms circle United Biscuits break-up deal -sources

Oct 26 2012

LONDON, Oct 26 Three private equity houses and Germany's Intersnack are hoping to feast on the savoury snacks arm of Britain's United Biscuits, a deal that could be worth more than 500 million pounds ($807 million), three people familiar with the situation said.

Texas Teachers to buy F1 stake from Lehman estate : source

Oct 19 2012

LONDON The $100 billion Texas Teachers' pension fund is to buy a stake in Formula One racing from the estate of collapsed investment bank Lehman Brothers, a person familiar with the matter said.

World News

'Sea of black' Hong Kong protesters demand leader step down

Hundreds of thousands of people clogged the streets in central Hong Kong on Sunday dressed in black to demand the city's leader step down, a day after she suspended an extradition bill in a dramatic retreat following the most violent protests in decades.