Deals du Jour
The following deal-related stories appeared in today’s newspapers:
* British private equity firm Silverfleet Capital has begun exclusive talks to buy German sausage maker Kalle Nalo from rival Montagu Private Equity, the Financial Times said.
* The world’s biggest mutual funds firm, Fidelity Investments, has sought potential candidates to succeed its president Rodger Lawson who rejoined the company in mid-2007, The Wall Street Journal reported.
* Four of the biggest names in the UK digital media scene are teaming up to launch an investment fund for internet start-ups, the Financial Times reported. Michael Birch, co-founder of Bebo, the social network acquired by AOL last year for $850 million, is the cornerstone investor. He is joined by Brent Hoberman, Peter Dubens and Jonathan Goodwin.
All the latest deal news can be found here.