by Sebastian | Oct 26, 2020 | News, UKPEC
Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances. At stake is the future of a company which has...
by Sebastian | Oct 26, 2020 | News, UKPEC
The Carlyle Group said on Monday it had agreed to buy a majority stake in funds network Calastone from its current owners including venture capital investor Octopus Ventures and Accel for an undisclosed sum. Carlyle said the deal, for an unspecified stake in the...
by Sebastian | Oct 26, 2020 | News, UKPEC
Jon Moulton, the veteran private equity boss, was a vocal supporter of leaving the European Union in the run-up to the UK’s in-out referendum on EU membership. Now, though, he fears Brexit could have a devastating impact on the UK’s financial services sector when the...
by Sebastian | Oct 25, 2020 | News, UKPEC
TalkTalk is locked in dispute with the network arm of BT over an unpaid broadband bill of more than £10m, as it attempts to disconnect from the stock market with a private equity buy-out. Four industry sources said TalkTalk had not paid a chunk of the fees it owes...
by Sebastian | Oct 24, 2020 | News, UKPEC
UK group’s private equity owner injects £600m in equity to lure investors. A private equity-backed debt collector has sold one of the UK’s biggest junk bonds this year, but was forced to offer an elevated interest rate to compensate investors for funding a sector that...
by Sebastian | Oct 23, 2020 | News, UKPEC
US property investor Lone Star has launched a bid to buy retirement housebuilder McCarthy & Stone, becoming the latest private equity firm seeking to take advantage of discounts to listed UK property companies. The offer of £630m values McCarthy & Stone at...
