10 h. ago WH Smith high street profits plunge ahead of private equity sale

WH Smith's high street trading profit came in at £15m by the end of the period, down from £22m at the same point a year ago.

Economics

11 h. ago WH Smith high street profits plunge ahead private equity sale

WH Smith's high street trading profit came in at £15m by the end of the period, down from £22m at the same point a year ago.

Economics

13 h. ago WH Smith travel profits surge as company prepares to sell high street arm

The historic retailer announced last month that it is selling its high street business to a private equity firm in a £76 million deal.

Politics

33 h. ago News | Private equity ups slice of London commercial real estate investment

News | Private equity ups slice of London commercial real estate investment  CoStar

Economics

38 h. ago Bank note maker De La Rue sold to US private equity in £263m deal

The company’s shares have been listed in London since 1947

Economics

59 h. ago Belgian insurer buys Sheilas’ Wheels owner Esure in £1.3bn deal

Ageas acquisition will unite two ‘complementary’ firms to create UK’s third-biggest home and motor insurerBusiness live – latest updatesThe Sheilas’ Wheels owner, Esure, will be sold to the Belgian insurer Ageas in a £1.3bn deal that will create the UK’s third-biggest home and motor insurer.Ageas is buying the UK insurer from the private equity firm Bain Capital in a deal funded through a combination of surplus cash and debt or equity. Continue reading...

Economics

7 d. ago GP surgeries owner Assura agrees to private equity takeover worth £1.61bn

The London-listed company will be bought by Kohlberg Kravis Roberts (KKR) and Stonepeak Partners.

Economics

9 d. ago UK to dilute rules for smaller private equity firms and hedge funds

Government proposes lighter regulatory regime in push to encourage investment

Economics

9 d. ago Britain to dilute rules for smaller private equity firms and hedge funds

UK government proposes lifting regulation threshold from £100mn of funds under management to £5bn

Economics

1 week ago Big investors look to sell out of private equity after market rout

Pensions and endowments seek exit from battered portfolios in blow to buyout industry

Economics

1 week ago EEOC chief shift focus to investigating DEI but her methods provoke outcries

The acting chief of the top federal agency for protecting worker rights has signaled a pivot toward prioritizing President Donald Trump’s campaign to stamp out diversity, equity and inclusion programs in the private and public sectors

Events

1 week ago Private equity firms urge UK to rethink carried interest tax change

Blackstone, KKR and EQT among buyout groups raising concerns over government reforms

Economics

2 w. ago Trump to consider final proposal on TikTok as US ban deadline looms

Owner ByteDance required to find non-Chinese buyer for video app’s American operations by SaturdayDonald Trump will consider a “final proposal” over the sale of TikTok’s US operations on Wednesday, according to reports, as a Saturday deadline looms for the Chinese-controlled app to find a buyer.The White House is finalising plans for a deal involving US investors, possibly including the tech firm Oracle and the private equity firm Blackstone, CBS News reported. Continue reading...

Politics

2 w. ago Dentist funding warning after collapse of company with 65 practices and 500,000 patients across Scotland

“This model of private equity buy, build and flip is fundamentally flawed when applied to dentistry” – Clive Schmulian

Events

3 w. ago Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?

The US buyout giant bought bikemaker Accell at the peak of a pandemic-era deals boom. It has just completed a painful restructuring

Politics