The competitive process for Anaveo, a French provider of electronic security technology products, has fallen through as vendor Bridgepoint's price expectations were not met by frontrunner 3i, according to two sources familiar with the matter.
Announcement follows a series of discussions with potential strategic and financial investors
Board of the UK-based listed pharmaceuticals company has agreed to the offer
Venture capital firm Felix Capital appoints Susan Lin and Julien Codorniou as its new partners
Private equity suitors could preempt the auction given the popularity of the space