A private equity syndicate comprising Candover Partners Ltd. (London, England), 3i also headquartered in London and JPMorgan Partners (New York, New York) recently announced the sale of Vetco Gray (Houston, Texas) to General Electric's Oil & Gas division (Florence, Italy) for an enterprise value of $1.9 billion on a debt-free,...
Candover, the European buy-out company, is today expected to begin exclusive negotiations with ABB to buy the Swiss-Swedish engineering group's oil, gas and petrochemicals unit, after making an initial offer of slightly more than $1bn ([euro]868m).A Candover, the European buy-out company, is today expected to...
Candover Investments plc - Purchase Offer for C Shares 10 May 2006 Not for release, publication or distribution in whole or in part in or into the United States, Australia, Canada, Japan, the Republic of Ireland or the Republic of South Africa...
For release on Monday 8th January 2007 Candover, 3i and JPMorgan Partners sell Vetco Gray, a division of Vetco International, to GE Oil & Gas for US$1.9 billion ([euro]1.5 bn) and retain investment in Vetco Aibel. A private equity syndicate ...
Candover Investments plc (the "Company") 3 April 2006 The Company has today published a circular (the "Circular") with details of a proposed Return of Cash to Shareholders of approximately 457 pence per Ordinary Share, repres Candover Investments plc (the "Company") ...
PANAMA CITY -- Halliburton has sold its Wellstream spoolable pipe business, which includes manufacturing ... PANAMA CITY -- Halliburton has sold its Wellstream spoolable pipe business, which includes manufacturing plants in the United Kingdom and Panama City, for $136 million to Candover Partners, a European buyout...
NORDIC BUSINESS REPORT-29 July 2003-Candover Investments Plc in talks to acquire ABB's oil, gas and petrochemicals business - reportC1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
Press release For immediate release on Friday 9th March 2007 Candover Investments plc Preliminary results for the year ended 31st December, 2006 Financial highlights: * Net assets per share increased by 17.8%...
HAMILTON, Bermuda, May 13 /PRNewswire-FirstCall/ -- Aspen Insurance Holdings Limited (the "Company") today announced that the Company has agreed to repurchase approximately 4.1 million of its ordinary shares from Candover Partners Limited, one of its founding shareholders, and a trustee to a Candover employee trust. The ordinary shares...
London-based buyout specialist Candover Investments P.L.C. has announced that it, with the backing of a fund managed by London-based Securitas Capital L.L.C., has entered into exclusive negotiations to acquire Reliance National Insurance Co. Europe London-based buyout specialist Candover Investments P.L.C. has announced that it, with...
Zurich, Switzerland -- ABB recently agreed to sell the upstream part of its oil, gas, and petrochemicals division to a newly incorporated company formed by a private equity investors' consortium, including Candover Partners Ltd, 3i, and J.P. Morgan Zurich, Switzerland -- ABB recently agreed...
Switzerland-based engineering company ABB Ltd. (NYSE: ABB) has signed a preliminary agreement to sell most of its upstream business in the oil, gas and petrochemicals division to a private equity consortium consisting of Candover Partners Ltd., JP Morg Switzerland-based engineering company ABB Ltd. (NYSE: ABB) has signed a...
SACRAMENTO, Calif. - The California Public Employees' Retirement System committed $409 million to seven alternative investments. The $156 billion fund committed $150 million to the Candover 2001 Fund, a European buyout fund; $100 million each to the SACRAMENTO, Calif. - The California Public Employees' ...