UK healthcare facility investor Primary Health Properties would be consolidating with its rival Prime Public Partnerships in a GBP41 million agreement that will result to a combined portfolio of 257 properties valued at GBP942.3 million.
United Kingdom
UK regulator invites foreign exchange traders on currency- rigging probe- sources
Two people with knowledge about the matter told Bloomberg that the UK Financial Conduct Authority has invited foreign exchange traders as part of its ongoing probe on currency rigging.
Reporter tries what private equity-free life is like- report
Reporter Becky Pritchard tried living for one week without using products or services that were supported by the private equity industry-- and was surprised at how difficult the experience was.
Three rivals compete to buy Rexam packaging unit
UK-based company Rexam received offers to buy its healthcare packaging unit from Silgan Holding Inc, Berry Plastics Group, and Gerresheimer for less than USD1 billion.
Fusion Group divests Meter Provida Ltd to Total Capital Partners
Fusion Group has sold UK-based gas meters supplier Meter Provida Ltd to Total Capital Partners. The transaction was facilitated by Avondale but no financial terms were disclosed.
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The European Central Bank's attempt to reduce the excess liquidity levels of banks in the financial system had prompted the central bank to call on banks it had loaned to repay its debts at a reduced rate.
As preparations regarding a potential merger between Vodafone Group Plc and AT&T Inc was happening, Paulson & Co said in its regulatory filing that it had increased its ownership stake in the phone company.
American investment firm Apollo Global Management LLC raised USD3.9 billion to buy distressed European assets. Specifically, the private equity firm is hunting for hotels and resorts in Spain.
According to its Chief Executive Officer and Chairman Thomas Falk, Kimberly-Clark decided to spin off its healthcare division as the division no longer fit in the strategic and growth priorities of the company.
United Kingdom-based Apax Partners aimed to become one of the largest equity holders of textbook publishing company Cengage Learning Inc after the latter exits from bankruptcy.
Coupon website LivingSocial offered a 25% discount on selected deals for its US and Canadian clients following a rare 40-hour outage that crippled its website, apps, and merchant center.
Social media giant Twitter Inc announced it will introduce self-service advertisements for small- and medium-sized businesses (SMBs) in Canada, Ireland and the United Kingdom starting this week.
The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.
African airline holding company Fastjet PLC said Lonrho Ltd, its largest shareholder, had put up for sale of its entire stake in the company. Lonrho would be raising GBP1.49 million from the exit.
