European buyouts up 169pc


first_img Show Comments ▼ European buyouts up 169pc KCS-content Wednesday 26 January 2011 9:02 pm Tags: NULL THE VALUE of private equity backed buyouts in Europe rocketed 169 per cent to €63.1bn (£54.3bn) last year.The number of deals last year also saw a 43 per cent increase on the previous year to 367 deals, according to research commissioned by private equity house Candover.Overall, European private equity increased by a whopping 143 per cent on 2009 to 1,029 deals worth €71.5bn.The purchase of a 42.5 per cent stake in global chemical distribution company Univar by private equity group Clayton Dubilier & Rice for over €3bn was among several big deals last year that helped boost the figure.However, the report by research provider unquote.com found that the value and number of private equity deals slipped across Europe during the final three months of last year, hit by macroeconomic concerns.Private equity managers usually look to tie up deals before the end of the year, normally giving the final quarter a boost.However, the report said caution had come to “reign supreme again” fuelled by fears over the Eurozone crisis and government austerity packages. Yet the UK still managed to maintain its position as the most active private equity market in Europe in volume terms, with 23 deals completed during the last three months of last year. The Benelux region was the largest with transactions amounting to €5.2bn.Managing partner of Candover John Arney said: “As we move into 2011 we are likely to see an element of caution prevail until the economic situation becomes clearer. At that time, all the signs indicate that recovery in the European private equity sector will continue to accelerate.” center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.commoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmGameday NewsNFL Hall Of Famers Who Probably Don’t Deserve To Be In CantonGameday NewsMovie JewelExperts Draining Niagara Falls Never Expected This Dark DiscoveryMovie Jewelthedelite.comNetflix Cancellations And Renewals: 2021 Updatethedelite.com whatsapp Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comlast_img

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