New York’s Siris Capital is taking over Equiniti, the share administrator and payments firm, in a £673 million deal.
And Morgan Stanley Infrastructure Partners, an arm of the mighty Wall Street bank, said it is pondering a move for waste management company Augean. Augean shares jumped 45p, 18%, to 294p. That leaves the business valued at around £310 million.
Private equity firms have spent more than $18.3bn on takeovers of publicly traded UK firms this year, according to Bloomberg.
In a statement this morning, Morgan Stanley said it “notes the recent press speculation regarding a possible transaction involving Augean and confirms that it is in the preliminary stages of considering making an approach”.
