Private equity pioneers KKR, the original ‘Barbarians at the Gate,’ want stakeholders to believe they are doing them a huge favour by offering £2billion for British infrastructure giant John Laing. As with so many recent private equity deals for FTSE 250 companies, the premium to the current share price of 33 per cent looks generous. … Read more
ALEX BRUMMER: By leaving private equity and overseas buyers the chance to do their worst behind closed doors, investors wash hands of responsibility The UK’s corporate landscape is littered with the victims of debt-fuelled private equity predators The objective is rarely honourable – it is to break-up the enterprises and sell them on piece by … Read more
Private Equity hawks circling another London-listed company as Britain’s pandemic plundering continues By Lucy White For The Daily Mail Published: 21:50 BST, 14 May 2021 | Updated: 22:08 BST, 14 May 2021 Private Equity hawks are circling yet another London-listed company as Britain’s pandemic plundering continues. Sanne Group received a £1.3billion offer from Cinven earlier this … Read more
Private equity group swoops on pharma services provider UDG Healthcare with a £2.6bn bid By Matt Oliver For The Daily Mail Published: 21:56 BST, 12 May 2021 | Updated: 21:56 BST, 12 May 2021 Private equity buyers have swooped on pharmaceuticals services provider UDG Healthcare with a £2.6billion bid. The London-listed firm urged shareholders to … Read more
BEN WILKINSON: Older borrowers need help when it comes to switching equity release deals By Ben Wilkinson for the Daily Mail Published: 22:00 BST, 27 April 2021 | Updated: 22:00 BST, 27 April 2021 Equity release is now a better product than it has ever been. The interest rates are at a record low and … Read more
Thousands of homeowners with snowballing equity release debts could be paying an average of £30,000 over the odds because they are unaware they can switch to a cheaper rate. More than 300,000 homeowners owe money to an equity release provider after borrowing cash locked up in the value of their home. Yet while interest rates … Read more
Thousands of homeowners chained to toxic equity release mortgages could finally be set free, saving each of them thousands of pounds. Soaring numbers of older homeowners use the loans as a way to borrow money against the value of their properties. In contrast to conventional mortgages, the debt and interest is not repaid until the … Read more
Office cleaning firm OCS in takeover talks with US private equity firm linked to ex-Tesco boss Terry Leahy Family firm OCS is working with advisers from Lazard on ‘strategic options’ Clayton Dubilier & Rice may be the private equity firm in talks with OCS owners Clayton employs Sir Terry as an adviser By Ben Harrington … Read more
Superyacht painting and repairs firm GYG could fall into private equity hands after it receives a £43m takeover offer By Daily Mail City & Finance Reporter Published: 21:51 BST, 9 April 2021 | Updated: 22:47 BST, 9 April 2021 Superyacht painting and repairs firm GYG could fall into private equity hands after it received a … Read more
LV bosses face questions over the windfalls they stand to make from £530m sale to private equity giant Bain By Lucy White For The Daily Mail Published: 22:13 BST, 8 April 2021 | Updated: 22:13 BST, 8 April 2021 The bosses of LV are facing calls to come clean over the money they stand to … Read more