Industry
EUROPE - RHJ joins suitors for European GM assets
According to reports, Belgian buyout firm RHJ International is interested in acquiring General Motor's European assets, and is said to consider an offer for Adam Opel GmbH, amongst others.
SPAIN – Dinamia writes down BodyBell and Colegios Laude
Dinamia, the listed vehicle of N+1 Private Equity has written down its investments in personal goods retailer Bodybell and private schools group Colegios Laude.
CEE - EBRD to commit to Bancroft fund
The EBRD is considering investing up to EUR 30m in Bancroft Private Equity third fund, Bancroft 3 LP.
FINLAND - Management buys Sentica's small cap business
Sentica Partners has sold off its small cap business area to key management who will continue operations under the name Canelco Capital Ltd, focusing on MBO and MBI transactions in small- to medium-sized companies.
UK - Apax loses stake in Streetbroadcast
Apax Partners has reportedly lost its stake in UK advertising company Streetbroadcast after it was bought out of administration by restructuring firm Redbus.
UK - 3i and Oak Hill divest stakes in Telecity
3i and Oak Hill Capital are reportedly selling parts of their combined 45% stake in London-based Telecity, the internet service provider.