Benelux
GLOBAL - TPG sale talks collapse
US private equity house TPG Capital has, according to reports, broken off talks to sell a stake of the firm to investors.
SWEDEN/BELGIUM - CVC abandons Posten merger; acquires De Post-La Poste stake
CVC has pulled out of the proposed merger between Danish postal system Post Danmark AB, in which it holds a 22% stake, and Swedish carrier Posten AB, and simultaneously acquired Post Danmark's stake in the Belgian postal service De Post - La Poste for...
NETHERLANDS - DSM Special Products sale to Arsenal falls through
The sale of chemicals business DSM Special Products BV to US-based Arsenal Capital Partners will not be completed due to provisions imposed by the European Commission. The deal was originally announced on 3 March 2008.
EUROPE - 3i appoints Hogg managing partner, Infrastructure
Following the announcement that Michael Queen will replace Philip Yea as CEO of listed private equity heavyweight 3i, the firm has appointed Cressida Hogg to replace him as managing partner of its infrastructure business.
A Darwinian time
Reports on the financial markets and global economy currently feel like a succession of bad news stories, and as 2009 rolls on this trend looks set to continue. This year also marks the 200th anniversary of Charles Darwin's birth. The timing could not...
Allocation concerns dominant among LPs
A new report shows that the declining value of liquid assets and continuing dearth of divestment opportunities is resulting in increasing liquidity worries amongst limited partners. By Ashley Wassall
NETHERLANDS - BNP PE leads EUR 5m Anteryon funding
BNP Paribas Private Equity has led a EUR 5m second round of financing for Anteryon International, providing EUR 3.5m of the total alongside the original investors.
EUROPE - McCreevy remains vague about PE regulation
According to reports, EU Internal Market Commissioner Charlie McCreevy still has reservations about regulating private equity firms, despite heavy pressure from MEPs and earlier promises made by European Commission President José Manuel Barroso.
NETHERLANDS - 3i-backed VNU risks creditor take over
It is understood that 3i Group Plc is facing a possible creditor takeover at VNU Business Media Europe, the b2b publisher it acquired at the height of the buyout boom.
EUROPE - Yea leaves 3i; Queen takes the reins
Philip Yea is to step down from his position as CEO of 3i with immediate effect, to be replaced by Michael Queen, formerly finance director of the group.