Philips Electronics' semiconductor division has attracted interest from three consortia of private equity firms, which reportedly are in the final stages of preparing bids of around $ 10.2bn (EUR 8bn). One group is said to consist of Bain Capital, Francisco Partners and Apax Partners, a second consortium includes KKR and Silver Lake Partners and the third group is reported to include Blackstone, Permira and Texas Pacific Group.
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