UK - EMI ends bid talks with Permira
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.
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Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater