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Experian, an information services company, has unveiled its plans to take a 40 per cent stake in DP Information Group, a consumer and business credit bureau based in Singapore.
A provider of analytical services for bioscience and sport has secured an investment of £35 million from private equity firm TA Associates, which takes a minority stake in the company. UK-based Quotient Bioscience, which has acquired four businesses since it was founded last year, will use the funding to fuel further acquisitive and organic growth in Europe and North America.
Diversifying your investment portfolio is all very well, but it can be tough when the lion’s share of your wealth is tied up in the family business. Paul George, a partner at PricewaterhouseCoopers, looks at the tricky matter of extracting capital from a family firm for investment elsewhere.
The rise of sovereign wealth funds (SWFs) does not present a serious threat to Western economies, according to research from two US- and UK-based academics. On the contrary, the state-owned investment vehicles offer relatively cheap finance and can be credited with ‘saving the banking system of the West’ last winter, claims Professor William Megginson of the University of Oklahoma.
Overseas private equity firms did a record 57 buy-out deals in the UK last year, worth some £18 billion. It was the fifth consecutive year of growth in the number of foreign-backed buy-outs, according to data from the Centre for Management Buy-out Research (CMBOR).
Low Carbon Accelerator (LCA), an AIM-listed investor in low-carbon technologies, has disposed of its entire shareholding in solar power specialist Heliodynamics. The progress of the company, in which LCA had a significant minority stake, had lagged the investment firm’s expectations.
Two directors at a shop-fitting company in Yorkshire have bought the business after raising a seven-figure sum.