Morgan Stan is top in global IPO rankings June 30, 2010 MORGAN Stanley has topped the underwriting league for initial public offerings (IPOs) in the first half of the year. A few large deals helped propel the Wall Street bank to first place, up from its number three spot at this time last year. It underwrote 36 deals with estimated proceeds of $5.9bn (£3.9bn) in the [...]
KKR and Warner Music run the rule over Guy Hands’ EMI March 14, 2010 PRIVATE equity house KKR was named as a partner with Warner Music in a break-up bid for troubled record label EMI yesterday. The two are reported to have been in talks for a fortnight over an approach for EMI, which is expected to be put up for sale by its buyout owner Terra Firma in [...]
Pets at Home sold in £995m deal January 26, 2010 PRIVATE equity firm Kohlberg Kravis Roberts (KKR) is buying British retailer Pets at Home in a deal worth £955m. KKR, whose retail investments include health and beauty group Alliance Boots and toys chain Toys’R’Us, saw off rival bids from Apax, Bain and TPG. Earlier this month Pets at Home posted a 6.7 per cent rise [...]
The prezzies kids will really want to find under the tree this year November 23, 2009 THE TOY WORLD has been set alight by a renewed desire for gift-buying after a year of belt-tightening and anxiety. And boy is there demand – John Lewis is doing a roaring trade (up 15 per cent on last year at this time), helped by sales of its toys of which the bestseller is the [...]