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...
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...
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...
After two brothers from Blackburn in northern England beat the Wall Street behemoth Apollo in the race to buy Asda this month, they were riding high. Mohsin and Zuber Issa — who partnered with buyout group TDR Capital for the £6.8bn deal — were praised by chancellor...
SPACs have played a big role in reviving the US market for initial public offerings. So for the sluggish London IPO market, which hasn’t seen a single SPAC listing this year, a comeback would be a welcome development. When Mariposa Capital founder Martin... 