Private equity moving in on KPMG’s restructuring division
The sale of KPMG UK’s restructuring arm is reportedly progressing at pace, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing. Prospective bidders for KPMG’s restructuring business apparently include private equity firms Intermediate Capital Group and Towerbrook. Last year, the UK’s audit watchdog of the […]
Gatwick Airport co-owner outbids Blackstone to buy Signature Aviation
(Reuters) – The co-owner of London’s Gatwick Airport, Global Infrastructure Partners, clinched a $4.63 billion deal to buy British private jet servicing company Signature Aviation on Monday, trumping private equity giants Blackstone and Carlyle. The deal with Global Infrastructure Partners, whose approach was rebuffed by the company in December, comes after Blackstone said on Friday […]
Carlyle hires banks for rival £3bn Signature Aviation bid
The buyout firm is working with BAML and Morgan Stanley on a rival offer for the private jet group. The private equity giant Carlyle has enlisted two Wall Street banks to help it explore a £3bn takeover offer for Signature Aviation, a service provider to the fast-growing private jet market. Sky News has learnt that […]
