Benelux
BELGIUM - CVC-backed DWB to acquire Atlanta
CVC portfolio company De Weide Blik (DWB) has received the European Commission’s approval on the proposed acquisition of German fruit and vegetable importer and wholesaler Atlanta.
EUROPE - RBS et al sell ABN assets for £156m
Reports suggest that Royal Bank of Scotland, alongside Fortis and Santander bank, has sold a portfolio of seven private equity assets controlled by ABN Amro to a consortium led by Goldman Sachs in a deal thought to be worth around ТЃ156m.
GLOBAL - Secondaries market set to grow as credit crunch squeezes returns
The private equity secondaries market could see strong growth in activity in 2008 in the wake of fears of underperformance in large buyout funds, with US private company exchange Nyppex estimating that total value could reach a record breaking USD 18bn...
GLOBAL - Blackstone forms cleantech group
The Blackstone Group has formed a cleantech group, which will both make investments and advise Blackstone portfolio companies on renewable energy strategies.
A Pipe Dream Or Reality?
Andrew Carpenter and Mike Hinchliffe of Addleshaw Goddard on why PIPEs may make a lot of sense
GLOBAL - Syndicate eyes up Rio Tinto Alcan division
A private equity syndicate comprising Eurazeo, Apollo, AXA Private Equity, TPG and la Caisse des DУЉpots are considering an offer for mining company Rio Tinto Alcanтs aeronautics and automotive unit, Alcan Engineered Products, which could value the business...
NETHERLANDS - PPM Oost invests in Exendis
PPM Oost has backed the buyout of Exendis, a designer and manufacturer of energy conversion equipment for the mobility, infrastructure and renewable energy sectors.
NETHERLANDS - Rabo acquires 60% in Koop Bronbemaling
Rabo Participaties has acquired a 60% stake in Koop Bronbemaling, a Netherlands-based company providing dewatering system services.
WORLD - Blackstone opens Beijing office
The Blackstone Group will open a representative office in Beijing and has appointed Shan Fu, a former official with various economic bodies within the Chinese government, as its chief representative.
Trade buyers regain lost turf
Private equity houses have had a fleeting supremacy over trade buyers, but with debt now harder to come by, the competition between private equity houses and trade buyers is more balanced
Large deals are back in Benelux
Quiet as Benelux appears to be, the summer has not been as calm as one would have expected. The region, characterised by a mid-size market, is now witnessing a revival of large deals