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News
The Australian private equity arm of Lazard has sold its stake in Dun & Bradstreet for A$233m. Meanwhile the firm is in talks with a cornerstone investor for its second fund, which is targeting A$400m.
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Sydney's Pacific Equity Partners has hired financial advisors for a possible sale of poultry processor Tegel, which reportedly could fetch up to A$600m.
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Sydney-based turnaround investor Anchorage has bought a subsidiary from loss-making constuction materials company Boral.
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The sale of Retail Decision's Australian payment processing division has returned 'substantially all' of the initial investment made by Palamon, Alpinvest and Morgan Stanley.
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Pacific Equity Partners-backed Redgroup Retail is expected to seek a temporary waiver.
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A Pacific Equity Partners portfolio company is acquiring the issue services business of CIBC Mellon Trust, a move which takes the firm one step closer to owning a global share registry business.
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The firm plans to sell its stake in the company, which it acquired in 2007 alongside Teachers' Private Capital for $1.5bn.
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The sale of the fuel distribution and transport company could fetch the Sydney-based firm A$350m. It is the second company to be put on sale by CHAMP in as many weeks.
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Healthcare Australia has appointed Greenhill Caliburn to advise on the deal, which could reportedly fetch around A$300 million. It is the third company CHAMP has put up for sale in under a year.
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