by Sebastian | Aug 17, 2021 | News, UKPEC
The Abu Dhabi firm recently closed on $1.63bn for its third private equity fund, while it also plans to expand in New York Mubadala Capital, the investment arm of Abu Dhabi-based sovereign wealth manager Mubadala Investment, is preparing to add private equity...
by Sebastian | Aug 16, 2021 | News, UKPEC
Ultra Electronics, a major supplier to the Royal Navy, has agreed to be bought by US-owned Cobham in a £2.6bn takeover being monitored by the UK government. Cobham said it would “offer legally binding, and enforceable commitments to HM Government” over the...
by Sebastian | Aug 16, 2021 | News, UKPEC
Future PLC acquired Dennis, a consumer media company that publishes titles including Kiplinger, MoneyWeek, The Week and IT Pro, from Exponent Private Equity LLP for around £300m in cash. Future, a U.K. media group that houses brands like Marie Claire, TechRadar and...
by Sebastian | Aug 16, 2021 | News, UKPEC
CD&R is gearing up to place its counter-bid to the leading £10bn Fortress offer for Wm Morrison supermarkets CD&R planted the seed for the ongoing private equity bidding war for the British supermarket in June, when it placed a 230p per share offer for its...
by Sebastian | Aug 12, 2021 | News, UKPEC
Private equity deal value and volumes in the first half of the year rose to levels not seen since 2017, as investors gained confidence in post-pandemic recovery. There was a marked interest in mid-market private equity dealmaking, as funds competed for quality assets...
by Sebastian | Aug 12, 2021 | News, UKPEC
CVC funds will acquire the London-listed vodka maker in a takeover deal valuing it at £767m, the firms have announced. Stock Spirits has accepted the private equity firm’s offer of 377 pence per share – which represents a premium of 41 per cent to the stock’s 268...
