Sale of William Hill ends flotation plans
Article Abstract:
William Hill PLC's flotation plans were cancelled on February 20, 1999 following the sale of the company to Civen Group Ltd. and CVC Capital Partners for 825 million pound sterling ($1.35 billion). More than 200,000 people expressed interest in the betting-shops chain's flotation. Nomura Co. of Japan was the seller of William Hill. Under the deal, Cinven and CVC will each own 45% of William Hill's equity.
Comment:
William Hill's flotation plans cancelled following sale of co to Civen Group and CVC
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
In Sydney, a buyout boutique: Deutsche Bank sells private-equity shop to two former directors
Article Abstract:
The Australian private equity unit of Deutsche Bank AG has been sold to two former directors, Albin Kurti and Peter Dowding, who have established a boutique business. The move may signal a shift in private equity firms from captive ownership to boutique ownership as a reflection of subprime lending's negative impact on credit markets.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic: