News/Region
GERMANY - KKR and BC Partners eye Siemens subsidiary
According to reports, private equity heavyweights KKR and BC Partners have expressed an interest in Siemens's hearing aid subsidiary, which could be worth as much as EUR 3bn.
FRANCE - 3i cedes PriceMinister venture
3i has ceded its interest in PriceMinister, a price comparison website, back to the founders and current investors Quilvest and Atlas Ventures.
UK - Permira completes £228m acquisition of Just Retirement
Permira has completed the delisting of financial services company Just Retirement in an all-equity deal of £228m, as reported on unquote" news in September.
ITALY - Bridgepoint and Axa make EUR600m bid for Snai
Bridgepoint and Axa Private Equity have made a EUR600m takeover bid for debt-laden Snai, Italy's largest betting shop operator.
UK - ePlanet invests over £1m into eCommera
ePlanet Ventures has invested in e-commerce service provider eCommera in a deal valued at £1.3m.
EUROPE - Revised Directive angers trade bodies
Another chapter has been added to the long-running saga of the EU Commission's AIFM Directive, with a new report calling for a removal of all fund size exemption thresholds sparking anger within the industry. By Ashley Wassall
EUROPE - Revised Directive angers trade bodies
Another chapter has been added to the long-running saga of the EU Commission's AIFM Directive, with a new report calling for a removal of all fund size exemption thresholds sparking anger within the industry. By Ashley Wassall
SWITZERLAND – Private equity-backed Sunrise sold to France Telecom
Danish telecom giant TDC, owned by KKR, Apax, Blackstone, Permira and Providence, has sold 75% of its Swiss mobile telecommunication subsidiary Sunrise Communications AG to France Telecom for EUR 1.5bn.
FRANCE - BC and AXA PE to stage Medica IPO
BC Partners and AXA Private Equity homecare company, Medica, is reportedly looking to raise EUR 250m in an IPO early next year.
UK - Salans boosts restructuring team in London
Law firm Salans has hired Bodo Schaar for its restructuring practice in the London office.
GERMANY – Wellington Partners leads EUR 18m round for Heliatek
Wellington Partners has led a second round of financing for organic solar cells developer Heliatek GmbH.
SPAIN - Corpfin takes 65% stake in Sinaer
Corpfin Capital has acquired a 65% stake in aeronautics services firm Sinaer, in a deal valued at EUR 3m.
NORWAY - NeoMed reaps NOK 58m from Clavis placement
NeoMed has sold off its shares in biopharmaceutical company Clavis Pharma, receiving close to NOK 58m.
GERMANY - Aurelia and KfW invest EUR 2m in Hematris
Aurelia Private Equity and KfW have invested EUR 2m in medical supplies company Hematris Wound Care.
UK - Electra appoints non-executive director
Electra Private Equity has appointed Roger Perkin as non-executive director of the firm.
GERMANY - S-Refit AG sells akt Informationssysteme back to founders
S-Refit AG has sold its shares in software company akt Informationssysteme to the company's founders.
FRANCE - Dechert strengthens Paris team
International law firm Dechert has recruited Olivier Dumas as a partner in its Paris office.
UK - Hotbed appoints senior executive
Private investor network Hotbed has hired Georgina Barber as head of client services.
GERMANY - EQT to make EUR 2.6bn offer for Candover's Springer
Swedish buyout house EQT is reportedly lining up a £1bn financing package as part of a takeover bid for Candover- and Cinven-backed publishing business Springer Science & Business Media, which could value the company at around EUR 2.6bn.
ITALY - Helio Capital and Siliken sign agreement for PV development
Renewable energy investor Helio Capital has signed an agreement with renewable energy solutions firm Siliken Italia for the development of six photovoltaic farms with total output of 6 MW.
UK - Octopus Capital for Enterprise invests £1.5m into Coal Grill and Bar
Octopus Investments, via its Capital for Enterprise Fund, has invested in restaurant chain Coal Grill and Bar in a deal valued at £1.5m.
GERMANY – Candover and Cinven in talks with Informa about Springer
Reports indicate that Candover and Cinven are in early stage talks with strategic buyer Informa regarding the acquisition of their portfolio company Springer Science + Business Media.
FRANCE - Natixis PE and CDC launch Kurma Biofund
Natixis Private Equity has partnered up with Fonds stratégique d'investissement (FSI), via CDC Entreprises, to launch the Kurma Biofund, a fund focuses on investing in life science projects sourced from partnering research institutes Pasteur and Curie.
UK - Novartis leads £16m round for Oxagen Limited
Novartis Venture Funds has led a £16m series C round of funding for drug discovery development company Oxagen Limited.