Carlyle, the private equity group, has agreed to buy Freeport, the listed property company, for 410p a share in cash valuing the struggling European factory-outlet operator at £155.3m. The offer - which has been agreed by the board as well as Laxey Partners, Guinness Peat and Schroders, who between them own 49 per cent of the shares - comes a few weeks after takeover talks with the US private equity firm stalled (...)
Source : www.ft.com, Kate Burgess, 19 mars 2007