CVC Capital Partners
CVC acquires Sunrise in CHF 3.3bn deal
CVC Capital Partners has signed an agreement to acquire Sunrise Communications S.A. from Danish telephone company TDC A/S.
HgCapital acquires TeamSystem for €565m
HgCapital has bought Italian software company TeamSystem from Bain Capital, at an enterprise value of тЌ565m.
PE groups circle Spanish infrastructure asset
The Spanish utility firm Endesa, controlled by Italian giant Enel SpA, is reportedly examining the sale of 80% of its gas transport and distribution business in an effort to reduce the group's borrowings.
CVC pursues giant Spanish infrastructure buyout
CVC is understood to be closing in on a deal with the majority shareholders of Spanish infrastructure business Albertis over a potential buyout that would value the firm at more than тЌ25bn.
CVC to buy TNT
CVC is reportedly in talks to acquire a significant stake in Dutch post and logistics company, TNT, for €1.5bn.
WorldPay: Bidders line up for quality asset
While European buyout activity has been on the up in early 2010, it has been largely restricted to mid-market deals: larger buyouts have hardly been seen since the financial crisis erupted, which makes the bidding war for RBS Global Merchant Services...
Private equity goes postal
Once again, British politicians are considering selling off some, or all, of the countryтs state postal service, Royal Mail. Private equity bidders have been linked to past attempts to buy the company, and may yet swoop on the opportunity. Despite continuing...
Permira teams up with AMEX for RBS WorldPay bid
Permira and American Express are thought to have partnered to make a bid for Royal Bank of Scotlandтs payment processing business.
IPO exits: The two faces of public markets
This month saw the biggest private equity IPO since the financial crisis hit, with Amadeus IT Holdings, a travel reservations specialist, listing on the Spanish stock exchanges, raising €1.33bn. John Bakie reports
CVC mulls Belgian Post IPO
European investor CVC Capital Partners is said to be eyeing the listing of Belgian mail services De Post – Le Poste.
Canadian pension fund Omers close to buying ISS
Omers is on the verge of buying Inchcape Shipping Services, a European port and shipping services company. If successful, the buyout would be Omers' first European investment deal.
KKR and CVC-backed Van Gansewinkel mulls IPO
Van Gansewinkel, owned by Kohlberg Kravis Roberts & Co (KKR) and CVC Capital Partners, is reported to be preparing its initial public offering.
CVC takes 35% stake in R
CVC Capital Partners has acquired, a 35% of Spanish cable operator R, valuing the company at around €675m.
AXA PE and PAI bidding for Shell's €1bn LPG division
AXA Private Equity and PAI Partners are among the bidders circling Royal Dutch Shell’s Liquefied Petroleum Gas (LPG) division, which price tag nears €1bn.
Private equity-backed Cortefiel in €130m capital increase
CVC, PAI and Permira-backed fashion retailer Cortefiel has approved a €131.4m capital increase that supports the conversion of debt into equity.
CVC's Evonik to divest minority stake in energy business
Evonik, in which CVC Capital Partners holds a minority stake, is weighing the sale of a minority stake of its energy division.
Aggressive banks push Kabel Deutschland debt to 70%
According to sources close to the deal speaking to unquote", the banks involved in the pending Kabel Deutschland deal have aggressively pushed the equity to just 30% of the deal valued at as much as EUR 5bn. Equity ratios of just 30% are almost unheard...
Next downturn?
The oncoming exit parade could herald an inflexion point - or confirm that another bubble is underway. Kimberly Romaine comments.
Europe's most promising market
CEE punched above its weight in 2009. Kimberly Romaine comments.
CVC appoints new senior adviser
Buyout firm CVC Capital Partners has appointed Thomas Renyi, as senior adviser.
SPAIN - PE-backed Amadeus seeks to amend debt prior to listing
Reports suggest that BC Partners- and Cinven-backed travel agency Amadeus is in negotiations with its lenders to amend the terms on its EUR 5bn debt pile prior to its planned flotation.