Apax Partners sets £9bn takeover target - Business - Evening Standard
       

Apax Partners sets £9bn takeover target

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20 December 2010

Private equity firm Apax Partners plans to raise more than 11 billion (£9.3 billion) to fund its next round of takeovers.

London-based Apax will approach investors earlier than expected if it completes a potential £5.4 billion acquisition of Danish cleaning group ISS.

Apax has invested more than 60% of the 11.2 billion fund it raised in 2007, the biggest in Europe.

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Aggreko’s Angus is top of FD tree
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