Back to school

Having expected minimal movement in the private equity and venture markets it was a pleasant surprise to see a number of deals completed while everyone was supposedly on holiday. The largest of these, the EUR550-600m purchase of Compagnie Europeenne de Prestations Logistiques (CEPL) by Arcapita Bank, a Bahrain-based investment firm, even makes it into the top five deals of the year. Unfortunately, in what seems to have become a slight trend, the deal involves a non-French investor