2007-08-18

FT.com / Companies / Financial services - Buy-out firms still on the hunt for funds

FT.com / Companies / Financial services - Buy-out firms still on the hunt for funds: "Buy-out firms still on the hunt for funds By Martin Arnold in London Published: August 16 2007 20:09 | Last updated: August 16 2007 20:09 Kohlberg Kravis Roberts, PAI Partners and Carlyle Group are among more than 50 private-equity firms seeking to raise at least $52bn of European leveraged buy-out funds, as they shrug off recent difficulties in credit markets. Several auctions of large companies that were expected to attract bids from private equity have been postponed, such as Cadbury’s sale of its Schweppes business in the US and Virgin Media’s auction of itself."

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