Kohlberg Kravis Roberts has struck a knockout blow in the battle for UK health and beauty chain Alliance Boots this morning, after sweetening its bid to £11bn and increasing the stake it controls to about 25 percent.
2 min read · 22 January 2013
Whitehall Street Real Estate Funds, the property investment arm of investment bank Goldman Sachs, is acquiring a four-casino portfolio from Carl Icahn’s American Real Estate Partners for $1.3bn.
2 min read · 22 January 2013
JER Partners is acquiring upscale lodging REIT Highland Hospitality in a $2bn deal.
1 min read · 22 January 2013
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
2 min read · 22 January 2013
The listed Paris-based private equity group has wrapped up €500m in commitments for its first vehicle for third-party investors.
1 min read · 22 January 2013
Private equity real estate firm JER Partners and Formation Capital are increasing their bid for the long-term health care company to $1.7bn.
2 min read · 22 January 2013
Charlie McCreevy, the European Union’s internal market commissioner, has reiterated his support for the private equity industry, while conceding that the industry has a lot of work to do to convince sceptics that it is a force for good.
2 min read · 22 January 2013
The real estate arm of The Blackstone Group has sold off its Extended Stay Hotels chain to The Lightstone Group for $8bn.
2 min read · 22 January 2013
Morgan Stanley makes its first investment in Brazil via the acquisition of a minority stake in Abyara, a Sao Paolo-based real estate company.
2 min read · 22 January 2013
NASDAQ-listed Apollo Investment Corporation has acquired Innkeepers USA Trust for $1.5bn in cash.
1 min read · 22 January 2013
