The company said its partners in GHG, among which are funds managed by Apax Partners Worldwide
LLP, private property company London & Regional Properties and funds advised by UK opportunity fund Brockton Capital LLP, will exit GHG, while Netcare will keep its majority holding in GHG after the IPO.
Somerfield went private in 2005 and is owned by a consortium of Apax Partners Worldwide
, Barclays Capital, the Tchenguiz Family Trust, Kaupthing Bank and management.
The European Commission announced, on 7 March, that it would not stand in the way of the proposed acquisition of Emap, a British media services company, by Apax Partners Worldwide
(APW) and the Guardian Media Group (GMG).
sold its educational publishing division, but it received far more than had been in the prognostication: London private equity firm Apax Partners Worldwide
and the Canadian pension fund OMERS Capital Partners paid almost $7.8 billion for the division, almost $3 billion more than had been predicted.
Nordic Telephone Company is indirectly wholly-owned by certain investment partnerships directly or indirectly advised or managed by Apax Partners Worldwide
LLP, The Blackstone Group International Limited, Kohlberg Kravis Roberts & Co L.P., Permira Advisers KB and Providence Equity Partners Limited.
Private equity group Apax Partners Worldwide
said Baugur had taken its decision in the interests of minimising any disruption to the consortium, its members or Somerfield shareholders.
VNU (Haarlem, the Neth.) has signed a definitive agreement to sell its World Directories group to World Directories Acqusitions Corp., a new legal entity owned by funds advised by Apax Partners Worldwide
(London) and Cinven Limited (London), for EUR 2.075 million.
The acquiring firms, Apax Partners Worldwide
LLP (APW) of the UK, Apax Partners SA (APSA) of France and Nordic Capital of the Channel Islands already have a number of health care interests.