equity

Priory Group Rehab chain sold to Dutch private equity firm for £1.1bn

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Celebrity favourite rehab chain The Priory Group is sold to Dutch private equity firm for £1.1bn By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 December 2020 | Updated: 21:50 GMT, 30 December 2020 Rehab chain The Priory Group, famous for treating celebrities from Robbie Williams to model Lady Isabella Hervey, has been … Read more

AVIVA INVESTORS GLOBAL EQUITY ENDURANCE: Young fund passes its test

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AVIVA INVESTORS GLOBAL EQUITY ENDURANCE: Young fund passes its test By Jeff Prestridge for The Mail on Sunday Published: 22:16 GMT, 26 December 2020 | Updated: 23:01 GMT, 26 December 2020 Investment fund Aviva Investors Global Equity Endurance has just ‘celebrated’ its third anniversary.  And although tier 4 restrictions in the South East prevented the … Read more

Actors’ union Equity slams Tier 3 lockdown dealing another hammer blow to struggling theatre workers

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Actors’ union Equity slams London’s new Tier 3 lockdown as dealing another hammer blow to struggling theatre workers who will face a ‘winter in the cold due to a government in chaos’ Equity union leader said performers are facing a ‘winter in the cold’ due to Tier 3  Out-of-work actors usually find jobs in hospitality … Read more

Hipgnosis plans another equity raise to expand its catalogue

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Music rights investment fund Hipgnosis has announced its intentions to undertake another equity raise as it targets £1billion worth of acquisitions. The group, co-founded by a former manager of Elton John, has already invested almost £1.2billion in procuring over 110 catalogues that include songs from artists such as Fleetwood Mac, Blondie and the Kaiser Chiefs. … Read more

How Debenhams never recovered from its brutal private equity era 

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He is not a household name like Sir Philip Green. Nor has he, like the Topshop tycoon, had the dubious distinction of having a film entitled ‘Greed’ based on his life. Indeed, in the acres of coverage on the collapse of Debenhams, the name of its former chief executive Rob Templeman has barely been mentioned. … Read more

How private equity fat-cats triggered Debenhams’ downfall

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Debenhams was doomed long before the coronavirus pandemic struck, experts have claimed, with the retail chain never recovering after being bought and sold by fat-cats who stripped its assets and collected over £1 billion in dividends.  The department store collapsed yesterday and will be liquidated in the New Year after rescue talks with JD Sport fell … Read more

AA’s top investors in conflict over private equity firms’ £218m bid

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AA’s biggest investors in conflict over private equity firms’ £218m offer for the debt-ridden breakdown firm By Daily Mail City & Finance Reporter Published: 21:50 GMT, 30 November 2020 | Updated: 22:08 GMT, 30 November 2020 A battle over the AA’s future has broken out after its two top shareholders took opposite sides on a … Read more

Woodford Equity Income action wins key backing from ShareSoc

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Shareholder organisation ShareSoc backs class action that seeks justice for investors who lost money in Woodford Equity Income By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 GMT, 28 November 2020 | Updated: 21:51 GMT, 28 November 2020 Powerful shareholder organisation ShareSoc has given its backing to a class action being put together by law … Read more

Private equity firms approach Sabadell about buying TSB

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Private equity firms approach Sabadell about buying TSB from the Spanish bank By Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 28 November 2020 | Updated: 21:51 GMT, 28 November 2020 Private equity firms have approached Sabadell about buying TSB from the Spanish bank.  It is understood that NewDay, a credit card provider, looked … Read more