Private equity groups line up for Saudi fast-food chain

Private equity groups line up for Saudi fast-food chain

DUBAI, Nov 11 (Reuters) – TPG Capital and Abraaj Group have teamed up to compete against KKR & Co for a majority stake in Saudi Arabian fast-food chain Kudu, three banking and industry sources said. * TPG/Abraaj vs KKR for majority stake in Kudu –...
Fairfax agrees to acquire majority stake in The Keg

Fairfax agrees to acquire majority stake in The Keg

Nov 18 (Reuters) – Fairfax Financial Holdings Ltd has agreed to acquire a majority interest in privately held Keg Restaurants Ltd (KRL), which owns over 100 steak house restaurants in Canada and parts of the United States. The terms of the deal, which is...
IBA completes sale of drug discovery arm

IBA completes sale of drug discovery arm

BRUSSELS, Nov 18 (Reuters) – Belgian IBA said on Monday it had completed the sale of its drug discovery arm Cisbio Bioassays business to private equity group Argos Soditic in a deal valuing the business at 25 million euros ($33.7 million). IBA said in a...