Feb 27, 2013 | News, Western Europe
Feb 27 (Reuters) – British financial services group Standard Life has agreed to buy Newton Management, a UK wealth management unit of BNY Mellon, adding up to 3.6 billion pounds of client assets to its books. Standard Life said on Wednesday it expects the deal...
Feb 27, 2013 | Events, Global, News, Western Europe
BERLIN (Reuters) – Private equity investors hoping for outsized profits are facing an awkward truth – investment returns have shrunk and are unlikely to go back to their peak levels. At private equity’s annual global gathering in Berlin this week,...
Feb 26, 2013 | Events, News, Western Europe
Feb 26 (Reuters) – European investors gathered in Berlin for the annual SuperReturn conference are reluctant to toast the return of big-ticket takeovers in 2013, even though U.S. peers have long since popped the champagne corks. Buy-out houses, which buy and...
Feb 25, 2013 | News, Western Europe
Feb 25 (Reuters) – ISS is in talks over a refinancing or an extension of its 32 billion Danish crown ($5.7 billion) debt banking sources said, adding the Danish outsourcing firm may list its shares this year. ISS has to address around 8 billion crowns debt,...
Feb 20, 2013 | France, News, Western Europe
PARIS, Feb 20 (Reuters) – Italian businessman Maurizio Borletti has joined up with Qatari investors to bid for control of Printemps, the upmarket French department store and tourist hotspot. Exclusive talks centre on the 70 percent stake in Printemps owned by...
Feb 18, 2013 | MENA, News, Western Europe
DUBAI, Feb 18 (Reuters) – Bahrain-based investment manager Investcorp has bought a controlling stake in Scotland-based oil field services provider Hydrasun, taking its $1 billion Gulf Opportunity Fund closer to full deployment. Investcorp has been selling assets...
