North-west best from Rickitt Mitchell

Article Abstract:

UK independent corporate finance house Rickitt Mitchell advised on a total of 17 deals from July 1997 to June 1998, with a value of 405 million pounds sterling. The average deal value rose to 24 million pounds sterling from 15 million pounds sterling. Apax Partners advised on 12 deals from July 1997 to June 1998, with a total value of 388 million pounds sterling. Maizel Westerberg topped a league table of the top 5 independent finance houses advising in Europe from July 1997 to June 1998, with a total of 8 deals valued at 842 million pounds sterling.

Apax Partners S.A., Maizels, Westerberg, Rickitt Mitchell & Partners.

---

UK buyers still paying a high price

Article Abstract:

UK public takeover premiums have remained steady despite the Asian currency crisis and a strong pound sterling during the first half of 1998. Eastern Counties Newspapers paid a 133% premium on a bid of 56.7 million pounds sterling for Home Counties Newspapers. The number of UK public-to-private transactions increased to eight during the first half of 1998. The market was slightly held back by a large discount arranged for the buyout of UK Safety footwear specialists, costing 1 million pounds sterling.

Eastern Counties Newspapers Group Ltd.

---

NatWest Acquisition Finance

Article Abstract:

The NatWest Acquisition Finance (NWAF) group has become an independent unit following restructuring of the NatWest Group. Highlights of 1998 for NWAF include a change in premises and a 40% increase in the number of transactions completed. The unit boasts a total of 79 transactions completed so far during 1998, totalling 2 billion pound sterling in lending. Notable deals include securitisation to the tune of 50 million for a 77 million pound deal involving Paramount Hotels Group.

Investment Offices, Investment Companies, Open-End Investment Funds, Management, Commercial finance companies, Natwest Acquisitions Finance

Similar abstracts:

• Abstracts: The next frontier for project finance. Financing projects through bond markets. Balkan power in aftermath of Kosovo crisis
• Abstracts: True romance. The wheel turns full circle. Lost Barings: Over the past month, Baring Brothers, once the doyen of relationship banking, has seen nearly all of its key corporate finance staff quit
• Abstracts: P&G promotes its image. Focus shifts away from Asia: P&G suspends sales of Tampax in some markets
• Abstracts: China didn't swipe Southeast Asia's lunch. Zhu reaffirms GDP target. Stimulus policies can reinforce China's reforms
• Abstracts: UEM draws foreign interest; Malaysian firm seen posting short-term gains. Malaysian stocks face threat: issues may shrink if country loses EAFE status

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.