Blackstone Group
Dubai Capital-owned Alliance Medical launches sale process
Dubai International Capital (DIC) portfolio company Alliance Medical has launched a sale process, which will run alongside restructuring plans, according to reports.
Campbell Soup in bid for United Biscuits
Food firm Campbell Soup Company is looking to acquire part of United Biscuits from Blackstone and PAI Partners for £1.5bn, according to media reports.
Blackstone mulls Reit in £1.4bn sale of Center Parcs to M&G
Blackstone is reportedly mulling plans to create a listed vehicle to facilitate the £1.4bn sale of UK leisure business Center Parcs to M&G Investments.
Nokia Siemens looking for private equity support
Nokia Siemens is looking for a potential $1bn capital injection in exchange for a minority stake in the company, according to reports.
Private equity munches on food sector
A recent string of deals and announcements show the food industry to be firmly back on the private equity investment agenda. Furthermore, the high valuations witnessed are in stark contrast with a recovering but still relatively modest buyout market....
Virgin Active attracts private equity attention
Private equity investors are in talks with Sir Richard Branson over the sale of health and fitness chain Virgin Active, according to reports.
Blackstone’s sixth fund on track with $13.5bn
Blackstone Group said it has raised $13.5bn so far for its sixth private equity fund, BCP VI. Last year, Blackstone had lowered its initial $20bn target to between $15bn-20bn.
Blackstone and PAI mull over United Biscuit sale
Blackstone and PAI Partners are looking to sell British food company United Biscuits, according to reports.
GSO Capital Solutions Fund exceeds $3.25bn
GSO Capital Partners, the credit unit of Blackstone Group, has held a final close on its credit fund, GSO Capital Solutions Fund on more than $3.25bn.
CVC Capital to take 30% slice of Merlin
CVC Capital Partners is on the verge of closing a deal to buy a 30% share in Merlin Entertainments, the UK-based theme park group.
Blackstone hires Higgins to healthcare team
Blackstone has appointed Arthur Higgins, former chairman of Bayer HealthCare AG, to its dedicated healthcare group.
TDC delays share sale
TDC, the Danish telecom giant owned by Kohlberg Kravis Roberts, Apax, Blackstone, Permira and Providence Equity Partners has shelved its share sale due to regulatory hurdles, according to media reports.
From recession to concession
With 2009 going down as one of the worst private equity years in history, investors looked on to 2010 knowing things could only get better – and so they have.
Blackstone’s GSO managers buy CLO shares
The managers of Blackstone's credit business, GSO Capital Partners, have reportedly launched a $1m offer for shares in GSO's loan obligation (CLO) fund, Carador.
Blackstone and Wellcome Trust drop bid for RBS assets
Blackstone and UK medical research charity Wellcome Trust have dropped a bid for 318 branches of the Royal Bank of Scotland up for sale.
Fees: GPs surrender to LPs
After years of GPs and LPs operating under a standard relationship model, asset managers are beginning to balk under the LP pressure for increased transparency and fee reductions as institutional investors become more aggressive in cutting costs. Gail...
CLO market thaws
The primary collateralised loan obligation (CLO) market seems to be spluttering back to life, following significant activity in recent weeks. But questions still remain as to whether the economics are in place to support a full-blown recovery. Gail Mwamba...
Blackstone concedes to lower LP fees
Blackstone Group is set to give a higher than traditional percentage of its transaction fees back to its investors, according to reports.
Biotech IPOs under investor microscope
The recent flurry of biotechs seeking to raise capital on the public markets could prove mistimed as question marks are raised over investor appetite. François Rowell investigates.
Blackstone and Wellcome team up for RBS branch bid
Blackstone and The Wellcome Trust are set to make a joint bid for Williams & Glyn’s, the small business network put on sale by RBS.
No go for IPOs as New Look compounds listless week
While talk is still ongoing regarding the flurry of GPs signaling their intention to list portfolio companies, many are already postponing plans as prices fall far below expectations. Francois Rowell reports
Blackstone to open an office in Düsseldorf
Reports suggest that The Blackstone Group is going to establish an office in Düsseldorf.
Matalan drops potential sale process
British discount retailer Matalan, which had attracted the likes of CVC, TPG, Blackstone, Advent International and BC Partners, has taken itself off the sale block.
Next downturn?
The oncoming exit parade could herald an inflexion point - or confirm that another bubble is underway. Kimberly Romaine comments.