Southern Europe
EUROPE - WINNERS ANNOUNCED for Nordic unquote" Private Equity Awards
Nordic unquoteт is delighted to announce the winners of its second awards for Nordic Private Equity, held last night at the Grand Hotel, Stockholm. The event immediately followed on from a day-long Congress dedicated to discussing developments in the...
ITALY - Giochi Preziosi contemplates exit strategies
Although 3i was said to be preparing the IPO of toy manufacturer Giochi Preziosi for the end of H1 2008, market reports suggest that the buyout house may be looking to divest sooner than planned.
UK/EUROPE - Bank of Scotland merges UK and European leverage finance teams
Bank of Scotland Corporate has merged its UK structured finance and acquisition finance teams with its European leveraged finance business to create a single leveraged finance business that will operate on a pan-European basis.
ITALY - Cavalli considers private equity alliance
Roberto Cavalli is said to be considering the possibility of a partnership with a private equity firm.
ITALY - Alto Partners sells 30% of its management company
Mid-market firm Alto Partners has sold a minority stake of around 30% of its share capital to a group of new strategic shareholders, including industrial groups, family offices and entrepreneurs.
EUROPE - NEXT WEEK: Nordic unquote" Congress & Awards
Join unquoteт next Tuesday evening in Stockholm for the second annual Nordic Private Equity Awards. The event brings together industry luminaries to celebrate innovation and accomplishment in the Nordic private equity market. Places are still available...
ITALY - Finlombarda invests EUR 1m in biotech business
Finlombarda Gestioni has invested EUR 1m in TOP srl, a spinout of the University of Milan.
EUROPE - NEXT WEEK Nordic unquote" Congress & Awards
Join unquoteт next Tuesday evening in Stockholm for the second annual Nordic Private Equity Awards. The event brings together industry luminaries to celebrate innovation and accomplishment in the Nordic private equity market. Places are still available...
SPAIN - Espiga Capital buys minority stake in marketing business
Spanish mid-market house Espiga Capital has acquired a 33% stake in marketing business Grupo Pool, according to local press reports.
SPAIN - Odeco acquires US-based company after recap
Quercus Equity-owned Odeco has acquired Addco, a Minessota-based company which specialises in the production of traffic control equipment.
GLOBAL - Carlyle and Apollo in $1bn joint venture
The Carlyle Group has joined forces with Apollo Group Inc to form Apollo Global Inc, a $1bn venture designed to make investments in the international education sector.
SPAIN - Advent-backed Euroloc in EUR 240m refinancing
Machinery rental business Euroloc, controlled by Advent International, has carried out a restructuring of its debt. The package, believed to total EUR 240m, was provided by Banesto and Royal Bank of Scotland. It was mentioned that the restructuring will...
ITALY - Mediobanca to launch London branch
In a bid to further its presence abroad, Mediobanca is to open a branch in London early next year, according to local press speculation.
SPAIN - Corpfin sells its stake in Futura
UK-based fund Hutton Collins and the management team of charter airline Futura have purchased Corpfin Capital's majority stake in the business. It is understood that the company's founder Air Lingus is also selling its shareholding.
ITALY - Private equity courts Wind and 3Italia
Telecom operators Wind and 3Italia are up for sale. The two companies, soon to be merged into a newco, Eiffel Tower Company, have a reported price tag exceedingEUR 2bn.
SPAIN - Codere to float on 25 October
Gambling business Codere has received approval for its IPO from regulator CNMV. It is understood that the business will float a 25% stake. The price, to be set on 23 October, is expected to be set at around EUR 21-26 per share, valuing Codere at approximately...
ITALY - Piquadro to float up to 30.4% in IPO
Leather goods manufacturer Piquadro is to sell a stake of up to 30.4% in an IPO on the Milan Stock Exchange. It is understood the transaction will value the business at a maximum price of EUR 115m.
US/SPAIN - Garrigues in NY office move
Law firm Garrigues has moved to its new premises in New York. The office is now located in the heart of Manhattan and the address is 780 Third Avenue, 40th floor.