Milestone Partners Fund IV has raised US$300 million and acquired new assets. Milestone Partners has announced the final closure of Milestone Partners IV LP with funding amounting to US$300 million.
Europe
UK Gilts Offered Anew
The ten year gilts at record low rates will be offered by the UK Debt Management Office in the next few days.
Sovcomflot IPO Plan Shelved
Sovcomflot's IPO has been shelved by the Russian Government due to unfavorable market conditions.
European bond yields differ amidst investment doldrums
Different bonds from Euro countries registered different results, but overall ECB stands to help region recover.
UPDATE - Italy Approves Debt Payments to Private Companies
Italian PM Mario Monti finally signs decree approving payments of state debts to private firms. The Italian caretaker government has approved a decree to pay off nearly Eur40 billion state funds to pay off debts it has incurred with private companies.
Latest News
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
Diageo is improving its acquisition offer of United Spirits of India. Diageo, the UK drinks company has raised its bid offer for United Spirits of India through a public offer.
In anticipation of a housing shortage and the prospect of higher returns, some 30 institutions plan to invest $11 billion on rental homes in Britain.
Hilco acquires HMV from its administrators. Hilco, the restructuring specialist recently announced that it had acquired British entertainment retailer HMV.
Taminco is now set to offer its IPO. The chemical company owned by Apollo Global Management, Taminco Corp recently announced that it would be selling 15.
Sir James Crosby, the former chief executive of HBOS who is allegedly the architect of its collapse, has quit as adviser to private equity firm Bridgepoint
If the French government will have its way, it wants that a consortium composed of banks and insurers in the country to buy around 34 percent of the Euronext stock exchange.
VTB completes purchase of Tele2 Russia despite competitors crying foul. Tele2 announced Thursday that the acquisition by VTB of Tele2 has been completed.
CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
