Lexmark’s pursuit for “hard” opportunities – A deal with the Chinese

Lexmark International Inc.; market cap as of 23/04/2016:$2.3bn Apex Technology Co., Ltd.; market cap as of 18/02/2016: ¥25.20bn ($3.87bn) Introduction On April 19, US printer maker Lexmark agreed to a $3.6bn takeover by a Chinese investment consortium led by ink cartridges manufacturer Apex Technology Co., Ltd. and Asian private equity Read more…

Atlantia S.p.A misses £2.0bn ticket for London City Airport. Canadian funds don’t.

Atlantia; Market Cap: €19.57bn (as of 4th March 2016)  The Deal  On February 2, a consortium led by Ontario Teacher’s Pension Plan (OTPP) and formed by OMERS Private Markets, Alberta Investment Management and Wren House (fund of the Kuwait Investment Authority), announced the acquisition of London City Airport (LCY) for Read more…

The show must go on: Cirque du Soleil parts ways with its founder for $1.5bn

  On April 21, 2015 Canadian avant-garde circus operator, Cirque du Soleil, announced an agreement to sell a majority stake of its business to a private equity consortium led by TPG Capital Management, also including Fosun Capital group, Caisse de dépôt et placement du Québec and a Québec businessman Mitch Garber. Read more…