The AA group and Saga, backed by CVC, Charterhouse and Permira, are to issue a long-term bond to refinance £4bn of bank debt, which could lead to a break-up.
Sale of parent company of specialist outdoor brands Rab and Lowe Alpine is the firm’s third exit this year
Energy sector investor prepares to raise EUR 350m for Article 9 fund targeting renewable, clean tech businesses
US sponsor to become new majority owner; company achieved its objectives more than a year in advance
OMERS Private Equity to retain 25% stake in the French calibration laboratories provider