by Sebastian | Nov 19, 2019 | DPEC, GPEC, News
Other top shareholders also want chairman to change but not immediately The desire for regime change has hardened since Deutsche abandoned merger talks with Commerzbank in April, these people said, scuppering the plans of Cerberus, which is Deutsche’s third-largest...
by Sebastian | Nov 19, 2019 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
Bankers and lawyers are chasing more business from cash-rich private equity clients Dealmakers at Rothschild, Goldman Sachs, Kirkland & Ellis and Linklaters dominate a list of the top advisers to private equity companies in Europe at a time when bankers and lawyers...
by Sebastian | Nov 19, 2019 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
The company will invest $400m from its own balance sheet and as employees’ commitments The US giant buyout group KKR has closed its €5.8bn flagship fund focused on transactions in western Europe. European Fund V, launched in February 2018 with an initial €5bn target,...
by Sebastian | Nov 19, 2019 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
UNCERTAIN TIMES IN EUROPE PUT A DAMPER ON PE MULTIPLES Concerns around Europe’s economic outlook are among the factors behind a drop-off in European multiples over the past two quarters, bringing an end to a three-year run of rising valuations, according to...
by Sebastian | Nov 19, 2019 | DPEC, GPEC, News
A group of lenders led by Deutsche Bank Group AG has managed to offload a $425 million loan for the buyout of type-font designer Monotype Imaging Holdings Inc. after laboring for weeks to find buyers, according to people familiar with the matter. The debt is among the...
by Sebastian | Nov 19, 2019 | DPEC, GPEC, News
Private equity firm KKR has added Deutsche Bank and KKR Capital Markets as additional global coordinators for the planned stock market flotation of German defense supplier Hensoldt, people close to the matter said. The buyout group is working with the two investment...