Majority interest in Skandia Inc acquired by Graycliff Partners
Middle market investment company Graycliff Partners LP on Tuesday announced that it has acquired a majority interest in Skandia Inc.
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BAA to sell Edinburgh Airport
UK based airport operator BAA on Monday announced that it has agreed to sell its 100% interest in Edinburgh Airport Limited to GIP.
Food group Nestle in $11.85bn deal to acquire Pfizer’s infant nutrition unit
Swiss food group Nestle SA (VTX:NESN) is taking over the infant nutrition business of US pharmaceutical giant Pfizer Inc (NYSE:PFE) in a USD11.85bn (EUR8.9bn) deal, the two companies said on…
British Airways completes deal to acquire British Midland
International Airlines Group (LON:AIG) has announced that it has wrapped up the deal to buy airline British Midland Limited (BMI) from Deutsche Lufthansa AG (ETR:LHA). IAG is the parent company…
Greek Tsakos Energy braves equity markets via book-runner Credit Suisse
Greek energy transportation group Tsakos Energy Navigation (NYSE:TNP) has decided to tap investors for fresh equity, despite continuing worries of the Greek economy and the European sovereign debt crisis, the…
Supermarket giant Tesco reports declining profits in home market
UK-based supermarket retailer Tesco plc (LSE:TSCO) announced today an increase in group profit for the year to 25 February 2012 but a decrease in profit generated in its home market.…
Swiss Myriad closes deal to to acquire British mobile messaging firm Synchronica
Swiss Myriad Group AG, a provider of software for mobile and consumer electronic sectors, said on Monday it had wrapped up the acquisition of British mobile messaging services firm Synchronica…
EU expresses concerns over fund managers
Concern over pan-European regulations which are being perceived as harmful to both business and private equity dealings with the US and Asia has been expressed by fund managers reports City…
Swiss watch manufacturer Swatch to take control of Simon Et Membrez
Swiss watchmaker The Swatch Group Ltd on Thursday said it was buying full control of Delemont-based premium watch cases manufacturer Simon Et Membrez SA from current owners Philippe Membrez, Etienne…
Private equity firm Pegasus Capital acquires Thailand-based luxury resort chain Six Senses
US private equity investor Pegasus Capital Advisors LP said it has agreed to acquire Thailand-based Six Senses Resorts & Spas, a Thailand-based chain of super-luxury resorts and spas. Pegasus and…
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