Candover Investments
China’s Dalian Wanda buys PE-backed yachtmaker Sunseeker
Dalian Wanda Group has sealed a deal to acquire a 91.81% stake in Britain’s largest luxury yachtmaker Sunseeker – backed by Irish private equity firm FL partners - for GBP320 million ($495 million). The deal is expected to close by mid-August.
Dalian Wanda to buy PE-owned UK yacht maker – report
Dalian Wanda Group is expected to buy Britain’s largest luxury yachtmaker Sunseeker - currently owned by Irish private equity firm FL Partners - for EUR300 million ($400 million).
RBA may pick up Candover investee Securency in fire sale amid bribe investigation
The Reserve Bank of Australia (RBA) is likely to take full ownership of banknote manufacturing company Securency International Ltd, as a bribe investigation continues at RBA's JV partner in the company, invested by Candover Partners.
Candover may go to Canada LP Aimco
Troubled UK listed buyout group Candover Investments has confirmed that it has received approaches for a takeover of its business from $70 billion Canadian pension fund Alberta Investment Management Corp. (Aimco).