Sunday, 24 May 2015

Weekend review

It's always good to see little old Betaville's stories backed up by prestigious national newspapers.

Regular readers might be aware that a couple of weeks ago I wrote a piece about how FTSE 100-listed insurer Legal & General had hired specialist advisory firm Campbell Lutyens to divest its private equity arm, LGV Capital, and the buy-out group's stakes in portfolio companies, such as Snow + Rock.

Here is a link to my story:

http://betaville123.blogspot.co.uk/2015/05/legal-general-hires-campbell-lutyens-to.html

Well, on Sunday morning there was a story on the front page of The Sunday Telegraph written by the excellent young M&A reporter Ashley Armstrong. She also reports that Legal & General has hired Campbell Lutyens to sell off a LGV Capital's assets, such as Snow + Rock.

Here is a link to Ashley's story:

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/11624758/Snow-and-Rock-circled-after-LGV-goes-off-piste.html

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