Article Abstract:
The Royal Bank of Scotland's acquisition finance unit committed 720 million pounds sterling in 1996 and arranged 3.1 billion pounds sterling of deals. The company is in a good position to expand as the level of opportunities increases on the European mainland. The acquisition finance unit funded cross-border transactions in 1996, including arranging debt facilities for the purchase by Clyde Blowers of the US and German Bergemann operations from Deutsche Babcock.
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Article Abstract:
The Royal Bank of Scotland's acquisition finance department has invested more than 1 billion pounds sterling in 90 deals, since it was created in October 1993. In 1995 alone, the company completed 43 transactions, representing a total investment of 450 million pounds sterling; a figure which has already been surpassed during the first eight months of 1996. Notable deals of 1996 include 65 million pounds for the Dunlop Slazenger management buy-out.
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Article Abstract:
Duke Street Capital, formerly known as HEV, has completed a number of acquisitions and disposals since its own management buy-out in July 1998. Notable deals include the 68 million pound sterling acquisition of Do It All DIY retailer from Boots by Focus Retail. The renamed investment company is still targeting European businesses valued at 10 to 150 million pounds sterling, with ability to underwrite up to 50 million pounds of equity.
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