In case you are following the Big Bus Tours auction in detail, I hear from good sources four bidders have been shortlisted to participate in the sale process.
Those bidders are private equity firms Permira, Bridgepoint, Advent International and Canadian pension fund Omers.
Showing posts with label Big Bus Tours. Show all posts
Showing posts with label Big Bus Tours. Show all posts
Thursday, 27 November 2014
Monday, 24 November 2014
Permira, Bridgepoint said to weigh £500 million bids for Big Bus Tours
Wow - the UK M&A market has suddenly roared back into life. And to think last Thursday I was on Tip TV noting how quiet it was in the British dealmaking scene for this time of year.
A few days later it emerged insurance giant Aviva is in advanced talks to buy Friends Life for over £5 billion (multiple hat tips to Kleinman of Sky News, Neil Hume at the Financial Times and Geoff Foster over at the Daily Mail for smoking out this deal). BT, meanwhile, announced this morning that it is looking at purchasing either O2 or EE. I guess that will probably be the last time I ever say it is "quiet" in UK M&A (yes, I realise I have used this joke twice in the last fortnight).
A few days later it emerged insurance giant Aviva is in advanced talks to buy Friends Life for over £5 billion (multiple hat tips to Kleinman of Sky News, Neil Hume at the Financial Times and Geoff Foster over at the Daily Mail for smoking out this deal). BT, meanwhile, announced this morning that it is looking at purchasing either O2 or EE. I guess that will probably be the last time I ever say it is "quiet" in UK M&A (yes, I realise I have used this joke twice in the last fortnight).
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