Another day, another couple of private equity buy outs on the table for London-listed companies.
This time Morgan Stanley Infrastructure has confirmed Bloomberg's overnight story about a possible offer for Augean, the hazardous waste treatment group. Below are the relevant links:..
I see Siris Capital has finally decided to reveal its interest in Equiniti, the London-listed share registrar and financial administration business. Below is the link to the announcement:
Mark, "the Kleinmanator", Kleinman of Sky News picked up a decent scoop overnight about London-listed share registrar Equiniti receiving a 170p a share takeover offer from US-based private equity firm Siris Capital. Below is the link:
https://news.sky.com/story/equiniti-draws-600m-takeover-interest-from-us-buyout-firm-siris-12212757..
Equiniti, the UK-listed share registrar and outsourcing company, is at the centre of intense takeover speculation.
People following the situation have heard rumours an acquirer is once again circling Equiniti, a company that specialises in financial administration.
However, the identity of the purchaser of Equiniti is unknown, said these people following the situation.
Equiniti has seen interest from several private equity firms in the past...
On the cusp of the New Year Betaville thought looking backwards might be useful excercise to figure out what 2019 holds, especially for those bankers, lawyers and investors looking to get involved in dealmaking next year.
One thing that struck Betaville was the amount of attempted leveraged buy-outs of public companies, in particular UK-listed businesses, that failed to make it over the finishing line...
The mystery buyer circling Equiniti, the London-listed share registrar, is said to be a private equity firm.
According to sources claiming to be familiar with the matter, the private equity firm interested in buying Equiniti is said to be GTCR, a Chicago-based buy-out outfit.
These sources claimed GTCR could be willing to pay between 315p and 325p a share for Equiniti...
Equiniti, the London-listed share registrar, is at the centre of takeover speculation.
According to sources claiming to be familiar with the matter, a potential buyer is circling Equiniti and may have already indicated an interest in purchasing the business.
However, the identity of the potential buyer is unclear...