Over the past year bankers and lawyers who arrange mergers between companies have been working overtime as private-equity firms buy up companies listed on stock exchanges at an unprecedented rate. Buyout groups have announced 6,298 deals around the world since the...
Private equity investment in the UK has risen to its highest level in five years, as investors gained a renewed sense of confidence and vendors brought their assets to market – according to new analysis from KPMG. KPMG’s latest study of UK transactions involving...
Jobs are under threat at the British engineering firm Meggitt after it agreed a £6.3bn takeover deal from US rival Parker Hannifin, in the latest approach for a UK-listed company from an overseas buyer. The board of Meggitt, the FTSE 250 engineering company that...
$2.3bn deal with TA Associates is latest in a series of UK acquisitions by overseas buyers. The UK engineering firm Smiths Group has agreed to sell its medical division to the US private equity firm TA Associates in a $2.3bn (£1.7bn) deal, in the latest of a string of...
PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. Juice sales began to decline...