Until recently, Germany had a reputation for giving private equity firms an icy reception. In 2005, then chair of the ruling Social Democratic Party of Germany, Franz Müntefering, famously described them as “swarms of locusts that fall on companies, stripping them...
Deutsche Lufthansa AG, locked in tense negotiations over terms of a multibillion-euro state bailout, is considering court protection as a last resort should it fail to reach a deal with the German government, according to people familiar with the matter. The so-called...
Blackstone Group Inc. expects to see plenty of investment opportunities once the current economic crisis abates — and is already taking steps to deploy capital on downtrodden assets. Current dislocations spurred by coronavirus pandemic, while painful, will allow...
Private equity funds currently fighting fires at portfolio companies may soon turn their attention to boosting operations by making add-on acquisitions, according to a new report from PitchBook. Already in the first quarter of 2020, bolt-on deals in Europe accounted...
KKR has taken a majority stake in European investor and manager of industrial and logistics assets Mirastar for an undisclosed sum, as it prepares to assemble a portfolio of assets in cities across Western Europe. The private equity group took the stake in the... 