Goldman Sachs Private Equity is considering a bid for DIY retailer Kingfisher following the firms announcement that it had cut its debt and revalued its property assets. Its debt now stands at £1.29bn, down from £1.35bn last year, with its property portfolio now worth £3.2bn. The retailer also announced that it had significantly reduced its pension deficit, from £211m to £28m. However, the group reported a fall in pretax profits to £396.6m, an 11 percent decline.
Noerr’s Holger Ebersberger and Latham & Watkins’ Hanno Witt to join the firm’s Munich office
London-headquartered GP invested in AI provider MIcompany in first deal for new strategy this week
VC firm aims to raise USD 75m-150m from private and public investors including blue-chip institutional LPs in Europe, MENA and US
More than twice the size of its 2019 predecessor, the vehicle will allow for larger equity tickets, more investments and bolt-ons