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The deal, which is expected to wrap up by the end of March, has drawn interest from a series of U.S. and European private equity firms which have teamed up with some cash-rich sovereign wealth funds and Canadian pension funds. A consortium of Bain Capital, Advent and Singapore’s state investor Temasek is vying against two other private equity consortia led by Permira and Hellman & Friedman. Full investment news article
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Mick Davis's X2 Said To Give Up London Office In Deal Drought
X2 Resources, the $5.6 billion private equity firm founded by former Xstrata Plc Chief Executive Officer Mick Davis, is giving up the lease on its London office and putting a hold on investments amid higher commodity prices, according to people familiar with the matter. The firm, which Davis founded in 2013 with former executives of Xstrata, has no plans to renew the lease of its office on King Street, near Buckingham Palace in London, when it expires next month, the ... Full investment news article
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