AMSTERDAM (Reuters) – Private equity giant Carlyle Group agreed to buy Dutch-based private equity fund-of-funds AlpInvest Partners to bulk up its product offering and attract more money from potential investors.
The deal could catapult Carlyle Group to rank as the world’s largest private equity firm by assets under management and would provide a springboard for AlpInvest to expand internationally. No financial details were disclosed.
AMSTERDAM, Jan 26 (Reuters) – Dutch-based private equity
investor AlpInvest Partners said on Wednesday it would be sold
to a joint venture between private equity giant Carlyle Group
[CYL.UL] and AlpInvest’s management.
Financial details were not disclosed. AlpInvest has more
than 40 billion euros in private equity funds and commitments,
including money for two major Dutch pension fund managers. A
deal with Carlyle is seen as a springboard for the group to
AMSTERDAM, Jan 24 (Reuters) – A stock market listing of
state-owned ABN AMRO [ABNNL.UL] will not take place before 2014,
the Dutch Finance Ministry said on Monday, as it pushed back the
timing of its planned exit from the Dutch financial sector.
The ministry said it planned to substantially reduce its
involvement in the sector within five years and would start
preparing a listing of ABN AMRO in 2013, with a possible initial
public offering (IPO) the following year.
AMSTERDAM (Reuters) – The prosecutor of the international Lebanon tribunal issued draft indictments on Monday over the 2005 killing of former prime minister Rafik al-Hariri.
Here is a Q+A on the next steps.
CONFIRMING OR DISMISSING THE INDICTMENT
Pre-trial judge Daniel Fransen must now examine the draft indictment and decide whether there is sufficient evidence to justify a trial on one or more counts.
AMSTERDAM, Jan 13 (Reuters) – Dutch biotech Crucell
(CRCL.AS: Quote, Profile, Research, Stock Buzz) said on Thursday it has resumed making its paediatric
vaccines at a South Korean plant after it was forced to stop
production last year because of contamination.
Crucell, the target of a takeover by U.S. healthcare group
Johnson & Johnson (JNJ.N: Quote, Profile, Research, Stock Buzz), halted shipments from the facility in
October because of microbiological contamination, sparking
concerns that J&J might withdraw or lower its 1.75 billion euros
bid for the company.
AMSTERDAM, Jan 11 (Reuters) – Shares in loss-making Dutch
car maker Spyker Cars (SPYKR.AS: Quote, Profile, Research, Stock Buzz) surged more than 30 percent to
the highest in almost a year, in a sign the market is taking
notice of the stock, the chief executive said on Tuesday.
Spyker shares have made strong gains for four consecutive
trading days after the company, which bought Swedish car
manufacturer Saab a year ago, reported a 129 percent jump in
fourth-quarter sales at the unit.
AMSTERDAM, Jan 11 (Reuters) – The Dutch building sector is
poised for mild growth in 2011 as demand for new homes picks up
after two years of strong declines, an industry group said on
Tuesday, boosting the shares of major Dutch construction firms.
The Economic Institute for the Building Industry, or EIB,
said building projects, measured by value, fell 15 percent over
the two-year period 2009-2010, leading to more than 2,000
bankruptcies and huge job losses in the sector.
AMSTERDAM, Jan 6 (Reuters) – China’s Xinmao Group dropped
its audacious 1 billion euro ($1.3 billion) cash bid for Dutch
cablemaker Draka (DRAK.AS: Quote, Profile, Research, Stock Buzz) on Thursday, leaving Italy’s Prysmian
(PRY.MI: Quote, Profile, Research, Stock Buzz) free to seal a lower-priced deal and form an industry
Xinmao’s attempt to grab a slice of the fibre optic cable
market by buying an overseas company had been seen as a test of
the ability of Chinese companies to complete such acquisitions.
AMSTERDAM (Reuters) – China’s Xinmao Group dropped its audacious 1 billion euro cash bid for Dutch cablemaker Draka (DRAK.AS: Quote, Profile, Research, Stock Buzz) on Thursday, leaving Italy’s Prysmian (PRY.MI: Quote, Profile, Research, Stock Buzz) free to seal a lower-priced deal and form an industry leader.
The attempt to grab a slice of the fiber optic cable market by buying an overseas company was seen as a test of the ability of Chinese companies to complete such acquisitions.
AMSTERDAM, Jan 4 (Reuters) – ICT Automatisering (ICTA.AS: Quote, Profile, Research, Stock Buzz)
said on Tuesday an investor had built up a stake in the Dutch
software developer after its shares surged to their highest in
more than two years on talk it was a takeover target.
ICT spokeswoman Arina Rengelink denied that ICT was in
takeover talks but said the firm had been contacted by an
investor who would shortly be reporting their stake to the Dutch
stock markets authority AFM.