EMI has reportedly ended talks about a potential £2.5bn sale to Permira. It is understood that the offer was not considered to fully reflect the prospects for and the value of the company which EMI could recommend to shareholders. The Financial Times reports that EMI's directors may have been holding out for an offer higher than 320p a share, the level at which they rejected an offer from Warner Music this summer.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater