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Healthy outlook as firm rejects £800m private equity buyout bid

By JMW @ Jul 8, 2010 in

One of the largest independent care providers in the UK, Wilmslow-based Four Seasons Health Care, is believed to have rejected an £800m buyout bid by private equity firm Advent International. Four Seasons, which employs more than 21,000 staff at its 420 nursing and care homes, declared...

AIM pioneer may seek Far East stock market listing

By JMW @ Jul 2, 2010 in Corporate & Commercial

A health club chain, which was the first in its sector to have a listing on the Alternative Investment Market (AIM), is the centre of press reports that it will be seeking a full stock market listing in the Far East. Although Fitness First started as a single club in Bournemouth, Dorset,...

Private equity group in £200m acquisition of Poundland

By JMW @ May 5, 2010 in

Discount retailer Poundland, which has a branch in the Arndale Centre and ten others in the Greater Manchester area, has been bought by US private equity group Warburg Pincus from Advent International in an acquisition believed to be worth £200m. Poundland, which was founded in 1990 in...

Stock market float plan for chemicals company

By JMW @ May 4, 2010 in Corporate & Commercial

A stock market listing on the Alternative Investment Market (AIM) is likely to be the favoured corporate finance move for Multisol Group, a chemicals distribution company with headquarters at Nantwich and a base at Irlam, Greater Manchester. According to the Manchester Evening News , a...

North West water company services are likely be acquisition target

By JMW @ Dec 7, 2009 in Corporate & Commercial

North West-based water company United Utilities is seeking to reduce costs by selling its UU arm to one of the acquisition firms lining up offers for some or all of the sector which provides waste treatment, metering and connections services to other utility companies. Industry regulator...

Discount retailer Matalan is £1.5billion acquisition target

By JMW @ Nov 23, 2009 in Corporate & Commercial

Discount retailers are among the businesses benefiting from the economic downturn and Matalan, founded in the North West in 1985, has become a target for acquisition, with at least five private equity buyers circling for a bid. The Skelmersdale-based clothing and household chain looks set to...

Management buyout of Robert Dyas expected

By JMW @ Apr 7, 2009 in Corporate & Commercial

A management buyout of Robert Dyas, is expected to save the 99 store hardware chain from administration and the potential loss of up to 1,250 jobs. The deal, hoped to be completed before Easter, follows difficult negotiations between the private equity firm Change Capital, who currently...