UK - Permira fended off as AGH Venice ups bid for De Vere
AGH Venice, the bidding vehicle formed by Marylebone Warwick Balfour Hotel directors and HBOS's Uberior Ventures has increased its offer for UK hotelier and health club operator De Vere Group.
The revised offer of 850p per share in cash values the share capital of De Vere at £745.5m, with an enterprise value including debt of £978.4m. The revised offer follows Permira's statement on Monday that they were going to make a bid for De Vere.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds
Back to Top








