UPDATE: KPMG close to £400m sale of restructuring arm

UPDATE: KPMG close to £400m sale of restructuring arm

KPMG is close to selling its restructuring division to a private equity firm as part of a deal that could see a former head of Deloitte run the newly separated business. HIG Europe is in exclusive talks to buy the restructuring arm for about £400 million. If the deal...
Advent Set to Merge Payment Firms Into $3 Billion Company

Advent Set to Merge Payment Firms Into $3 Billion Company

Private equity firm Advent International is planning to merge portfolio companies Transaction Services Group and Clearent, which both provide payment services, according to people with knowledge of the matter. A deal could be announced as early as Thursday, the people...
CVC Weighs Bid for $3 Billion Chemical Maker Synthomer

CVC Weighs Bid for $3 Billion Chemical Maker Synthomer

CVC Capital Partners has been exploring a bid for U.K. chemical producer Synthomer Plc, people with knowledge of the matter said. The private equity firm made an initial approach to London-listed Synthomer to gauge its interest in a deal, according to the people, who...