Pimlico Plumbers sold to US group owned by KKR in £110m deal

Pimlico Plumbers sold to US group owned by KKR in £110m deal

Plumbing tycoon Charlie Mullins has sold the company he founded 42 years ago to a US-based home services provider in a deal that is expected to net him around £110m. It was confirmed on Monday evening that Pimlico Plumbers had been bought by Neighborly – owned...
Piraeus Bank in talks with Bain Capital to sell leasing portfolio

Piraeus Bank in talks with Bain Capital to sell leasing portfolio

Piraeus Bank, one of Greece’s four largest lenders, is in talks with Bain Capital to sell a portfolio of leasing contracts as part of efforts to clear non-performing loans from its balance sheet, bankers close to the talks told Reuters. Greek banks have been making...
Carlyle to sell 3.4% stake in SBI Cards for $443m

Carlyle to sell 3.4% stake in SBI Cards for $443m

Private equity firm Carlyle will nearly halve its stake in SBI Cards and Payment Services Ltd for as much as $443m. CA Rover Holdings, a Carlyle entity, which as of 30 June held a 6.5% stake in the credit card issuer, will sell around 32 million shares, or a 3.4%...