Alternative lenders are filling in the shoes of commercial banks in Europe that have reduced lending, allowing small firms to still raise funds, Bloomberg reported.
An article published by the New York Times said that the Versace deal may not please investors. Versace valued itself at over EUR1 billion (USD1.36 billion), which is 14 times its current-year EBITDA at EUR70 million.
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
Buyout firms are unwilling to sell businesses, bought in the boom, at knock-down prices for fear of missing out on big bonuses.