Cerberus and JC Flowers are still in the running for Northern Rock, the embattled bank. Virgin has been selected as the preferred bidder but it is understood that the two US private equity groups submitted revised offers on Friday and Chancellor Alistair Darling is keen for there to be a competitive process. Private equity firm Olivant is also tabling a bid and has secured the support of Northern Rock's two largest shareholders, hedge funds SRM and RAB.
Additive manufacturing-focused firm has a target of €100m for the vehicle
With LDC's support, the company intends to boost its international growth and explore complementary acquisitions
Goldman Sachs and Kennet Partners are expected to make a 5x return on their investment in Nuxeo
Acquisition of the cybersecurity and identity firm is backed by BGF and Santander Growth Capital