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Cinven to Sell ‘Zombie’ Life Assurer
Private equity firm Cinven could be about to sell the life insurance group, Guardian Financial Services, to another UK insurer. Reports on Thursday confirmed Phoenix is exploring to possibility of an acquisition – the deal could potentially exceed £1 billion. Cinven’s Decision to Sell The private equity firm bought Guardian Financial Services […] Full investment news article
Brazilian PE firm 3G Capital eyes SAB Miller
Brazilian private equity (PE) major 3G Capital is mulling over a possible buyout of SAB Miller, maker of Miller, through its AnheuserBusch InBev, maker of Budweiser. Paving way for a major consolidation in the beer industry as the world's largest brewer AnheuserBusch InBev is bidding for SAB Miller, the second largest brewer. If the deal is successful, it'll be one of the top-6 global corporate takeovers in the history. Full investment news article