Aviva sells its RAC roadside rescue business to Carlyle Group for £1 billion, the latest move by chief executive Andrew Moss to streamline a sprawling business... more
BAE Systems cancels the sale of a unit that makes cockpit displays and digital engine controls for planes after failing to agree over any bids
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Private equity giant Carlyle Group loses its finance boss to asset manager Legg Mason at a tough time for the buyout firm as it gears up for a potential stock market flotation... more
Traders' attention was turned stateside as whispers spread that department store group Macy's is on the shopping list of two private equity giants... more
Is it all over for Liechtenstein? Hit by the sale of stolen bank account details to foreign investigative authorities, the tiny tax haven has revealed the fall-put from this major breach in its traditional wall of secrecy... more
Finance: Private-equity firm The Carlyle Group has received a £9 billion boost from United States investors as it shuts operations elsewhere in the world... more
Engineering: The Government is set to net around a further £250million from the hugely controversial sell-off of the defence research and technology business QinetiQ... more
Informa, the business publishing group, is left with just one potential takeover bid on the table as one private equity firm walked away and three others joined forces... more
Afternoon:
8°c
