strawberrynet cosmetics,strawberrynet perfume, uk , australia

U.S. private equity giant KKR and Regal StefanoPessina Italy last Friday announced a joint investment 9,700,000,000 pounds (about 18,800,000,000 U.S. dollars) acquisition of Britain’s largest retail pharmaceutical company AllianceBoots. Bloomberg noted that this acquisition successful, will be the volume of transactions in the history of Europe’s largest M & A transactions. AllianceBoots I
Pessina is the company’s vice chairman and largest shareholder. KKR and Pessina said the company aimed to buy into a global health services and beauty industries leading enterprises, the acquisition has been AllianceBoots closely with the company’s management, was a friendly takeover. 1000 pence per share purchase price is higher than last Thursday the company’s stock price premium of 23%. This positive stimulus AllianceBoots last Friday 14.11% rose to 930 pence.
AllianceBoots is BootsGroup and AllianceUnichem last year by the merger of the two companies. At present, the company has more than 100,000 employees in the United Kingdom has a 2600 drug retailers in the UK than there were 350 retail stores, the company has 125,000 to the British pharmacies and hospitals to provide drugs. Recently, the company has begun to increase sales through stores in the cosmetics market to expand to strengthen the way.
Britain’s Man Securities analyst pointed out, AllianceBoots generate substantial cash flow, at the same time the company after the restructuring and expansion is also a great potential for development, a private equity fund, the most suitable prey.
Pessina this year, 65-year-old, Forbes magazine in 2007, the world’s rich list No. 407, has a wealth of 2,300,000,000 U.S. dollars. He previously was chairman of the board of AllianceUnichem. Pessina said in a statement the acquisition, AllianceBoots will continue to take strategic acquisitions, the goal is to make it in 2010 in the UK outside the reach of the total revenue income of at least 50%.
KKR is the world’s largest private equity investment in one of the giant, last year participated in the 101,000,000,000 U.S. dollars worth of transactions. Also last month, the company and Texas Pacific Group (TPG) in order to 44,500,000,000 U.S. dollars of the U.S. bid to buy Texas utility (2035.295, -24.27,-1.18%) Company (TXU), if ultimately successful completion of the transaction, will become the world’s history On turnover of the largest private equity transaction.
In recent years, private equity fund acquired a global sell all types of industries in a number of large enterprises, has become a financial and commercial area of the great driving force. According to Thomson Financial (ThomsonFinancial) data show that last year’s extraordinary performance of private equity funds, private equity funds has become a global M & A tide of a powerful force, last year announced that private equity fund of the value of transactions rose to a record 7,000 billion U.S. dollars over 2005 In the more than double the volume of transactions, but also in 1996 20 times.
have figures to show that private equity funds have more than 700,000,000,000 U.S. dollars its own funds. KKR and other large private equity funds, are also on-going large-scale acquisition debt, credit funds and even to reach some of the total M & A transactions 80%-95%. In contrast, the general M & A transactions of listed companies are often subject to shareholder and credit rating agencies, generally are not keen to leverage the transaction.