European buyout firm Bridgepoint has made its first standalone acquisition in central and eastern Europe after opening an office in the region six months ago. At the same time it has managed to recapitalise a Finnish business despite debt market travails.
Specialist acquisition firm Three Delta’s bid for Sainsbury’s awaits an 8 November deadline as its talks with the supermarket’s pension trustees near completion.
The Dallas-based private equity firm is being sued by Accredited Home Lenders after it said Friday it may back away from its previously agreed $400 million buyout of the subprime mortgage company. Lone Star has extended the tender deadline.
US retailer Restoration Hardware has agreed to a $267 million buyout by consumer-focussed private equity firm Catterton Partners.
scheduled test 2
European buyout firm Bridgepoint has made its first standalone acquisition in central and eastern Europe after opening an office in the region six months ago. At the same time it has managed to recapitalise a Finnish business despite debt market travails.