insto - Australian financial markets

 PE Alert – 18 February 2010

NEW SITUATIONS

None 

UPDATES

Asian financial sponsors interested in Loscam; reported on 15/02/2010
Aside from private equity heavy weights Kohlberg Kravis Roberts & Co and Carlyle Group Loscam is attracting the attention for Loscam Asian financial sponsors,. Credit Suisse and Deutsche Bank are believed to be advising the vendors Affinity Equity Partners on the dual track process.

PE Alert – 11 March 2010 from Mergermarket

NEW SITUATIONS

Unitas is selling Repco; reported on 07/03/2010
Private equity fund Unitas Capital has put its portfolio company Repco Perth, the Australian independent brake specialist, on the market. An information brief will be provided to approved applicants on execution of a confidentiality agreement. Management Advisors is advising on the sale.

NEW SITUATIONS

None

UPDATES

Seven Network could buy KKR’s stake in Seven Media; reported on 22/02/2010
Seven Network could acquire KKR's stake in Seven Media Group. Seven Media is a joint venture between Seven Network and the private equity group KKR. Seven Network's restructuring, which was announced recently, could eventually help the company acquire KKR's stake. Seven Media Group could eventually be spun out and then relisted on the market.

UPDATES

Asian financial sponsors interested in Loscam; reported on 15/02/2010
Aside from private equity heavy weights Kohlberg Kravis Roberts & Co and Carlyle Group Loscam is attracting the attention for Loscam Asian financial sponsors,. Credit Suisse and Deutsche Bank are believed to be advising the vendors Affinity Equity Partners on the dual track process.

NEW SITUATIONS
Norfolk Group could becoming PE target; reported on 07/02/2010
Private equity player Maui Group and trade player Monadephous could team up on a bid for Norfolk Group. The two parties are already the combined owners of a 30% stake in Norfolk.