Other Done Deals
- Royal Bank of Scotland, Fortis and Santander, have sold a number of ABN Amro’s private equity assets to a consortium led by Goldman Sachs. The deal is reported to be worth about £200 million
- Global commercial finance company CIT has arranged $190 million (£100 million) of secured credit to Vision Logistics, which will help fund the acquisition and combination of four Vision Logistics, to create a provider of oil and gas exploration in the Gulf of Mexico
- The Polish healthcare market has been further consolidated with the acquisition of Centrum Medyczne by Mid Europa Partners for an undisclosed sum
- The Riverside Company has acquired its first Korean company, Wiz Korea, a provider of education for students between the ages of two and seven
Deals in the pipeline
- AIM-listed Japan Leisure Hotels has reached an agreement to invest in Kukku No Omocha Oukoku Hotel, a hotel based in Yokkaichi, central Japan. The investment is worth ¥400 million (£1.9 million)
- Property company Barratt Developments rose more than 34 per cent on the back of Polaris Capital Management raising its stake in the company to 6 per cent
- Petrol sites retail operator GNE Group has said it is still in exclusive talks with an unnamed company, which may lead to a bid for its subsidiary, Petrol Express.
- Terex Corp, a maker of construction and mining equipment, has agreed to buy the port equipment business of Fantuzzi Industries for 215 million (£168 million)
- Chicago-based investment research firm Morningstar has agreed to buy software provider Financial Computer Support. The sum was undisclosed
- Russian services company Sistema has applied for regulatory approval to buy the remaining 50 per cent stake of Sky Link it does not already own