UPDATE: Nielsen to Sell Retail Arm to Advent in $2.7 Billion Deal

UPDATE: Nielsen to Sell Retail Arm to Advent in $2.7 Billion Deal

Nielsen Holdings Plc said it would sell an arm that measures consumer insights for $2.7 billion to private equity firm Advent International. Advent will buy the Global Connect unit along with Jim Peck, the former chief executive officer of the credit reporting company...
Private equity vultures circle the stragglers

Private equity vultures circle the stragglers

John Grayken, a US private equity entrepreneur, is dubbed “the executioner from Texas” by the German press. In South Korea, his firm, Lone Star, is known as meoktwi — eat-and-run capital. Lone Star is among the buyout giants now circling ailing British firms. Last...
Allegro Record IPO a Boon for E-Commerce Investors in Poland

Allegro Record IPO a Boon for E-Commerce Investors in Poland

Poland’s biggest publicly-traded private equity company MCI Capital SA is hoping that the country’s recent record initial public offering, for online selling platform Allegro.eu SA, will be a boon for the flourishing e-commerce industry. The fund seeks to sell a stake...
Carlyle Group pulls down Irish fund’s cash profits

Carlyle Group pulls down Irish fund’s cash profits

Carlyle Group, the large American private equity company, has signalled that it has started to pull down cash profits from its highly successful Irish fund, managed alongside Dublin finance house Cardinal Capital and backed by the Ireland Strategic Investment Fund...