Apologies for the tardy post Betavillers; unfortunately I was away from the desk all day travelling from one end of London to the other during an on-off rail strike.
Anyway, it would appear Mark "The Kleinmanator" Kleinman, a former colleague at The Daily Telegraph, of Sky News landed today's top deal scoop...
CVC Capital's £767 million takeover of Polish vodka maker Stock Spirits slipped under Betaville's radar yesterday.
Anyway, just in case you missed the announcement I have pasted the link below:..
Apparently scribblers at Jefferies said they "see little in yesterday's noise" [in reference's to Betaville's UNCOOKED Alert] around IMI but would be surprised if private equity, which is "awash with cash", weren't looking at the engineer.
What sort of a ridiculous comment is that.....
Publicis Groupe's shares are sharply up 5pc following reports from well respected industry trade rag Campaign that buy out firms are circling the French advertising giant about a potential multibillion deal.
Gideon Spanier, veteran media hack, reports that Publicis, run by Maurice Levy, has held talks with private equity houses, including - well, possibly - CVC Capital Partners. Below is a link to Spanier's piece:..
The Daily Mail's business section has splashed on a story about CVC Capital Partners weighing a £500 million plus bid for beleguered government outsourcer Capita. Below is the link:
It was only a month ago that little old Betaville had the pleasure of welcoming the UK’s most famous debt collector back into corporate life.
You might remember I wrote about how Derek Sach, the controversial former head of Royal Bank of Scotland’s discredited and disbanded “business support” unit - the GRG - had resurfaced as an advisor to the Europe's largest private equity group CVC Capital Partners, former owner of Formula One. ..