Anglia Water (AWG) which last week recommended a £2.2bn takeover offer from Osprey, a consortium including Colonial First State, Canada Pension Plan Investment Board and 3i's infrastructure fund, may be the subject of another takeover bid. Reports suggest that Merrill Lynch is continuing to eye-up the water provider with rumours that it could team up with Babcock & Brown, the Australian buyout group.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017