| 04.12.2009 - Apax retains $5bln value with CIC deal |
| From WSJ: An innovative deal between China Investment Corp. and Apax Partners is expected to value the U.K. buyout firm at around $5 billion, suggesting that valuations are holding up for the top performers in the asset class. CIC is in negotiations to take a 2.3% stake in Apax Partners as part of a deal that will also involve the Chinese sovereign wealth fund investing in an Apax funds.................................Full Article: Source |