Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Take-privates are a frequent topic here at PE Hub, but not all are smooth sailing. This morning, we take a look at a rejected $2 billion offer by KKR and Universities Superannuation Scheme for a UK-based healthcare real estate investment trust. We then move to the Nordics, as we hear from Raymond Fröjd, managing director at Houlihan Lokey’s technology group. Fröjd shares his outlook for the region and tells us what subsectors are particularly attractive. We stay in the Nordics to finish, as EQT has appointed a new CEO. No deal KKR and Universities Superannuation Scheme's (USS) £1.56 billion ($1.96 billion; €1.87 billion) take-private proposal for UK healthcare real estate investment trust Assura has been rejected by the company’s board. To learn more about the offer, take a look at the premium Wire coverage here. Private equity is clearly keen on primary care. My colleague John R Fisher wrote about the reasons behind the interest and listed five recent deals in the segment. Building defense Defense technology in the Nordics has never been a particularly popular subsector, but there are indicators that attitudes are changing, Raymond Fröjd, a managing director at Houlihan Lokey’s technology group, told PE Hub. For more on that and other attractive subsectors, check out the full Wire coverage here. New role Let’s stick with the Nordics to finish. EQT has appointed Per Franzén as new CEO and managing partner, effective as of the firm’s annual shareholders’ meeting on May 27. For more on that, take a look at the premium Wire here. That’s all from me. Rafael Canton will be with you later today with the US Wire, as MK Flynn enjoys some well-deserved time off. Craig McGlashan will be on Europe duty tomorrow morning. Cheers, Nina Read the full Wire commentary on PE Hub ... |