Two weeks after Texas Pacific Group requested access to Iberia's books and announced a prospective bid of EUR 3.60 per share, it emerged that the carrier's board refused to let the buyout house perform due diligence unless it provides information about the Spanish parties involved in the bidding consortium.
This is the first divestment made by Nazca IV, a €275m vehicle raised by the GP in 2016
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Industrial energy efficiency equipment producer sold its Poland-based operations in April 2020
Horizon bought a majority stake in Timico in 2016 via a deal valuing the company at more than £50m