Resilient Media Entertainment

Tuesday, May 15, 2012

#Privateequity firms snap up 50% of Rottapharm #FiercePharma @FiercePharma @resilient_ent #PrivateEquity


Italy's Rovati family has found its new partners, Bloomberg sources say. Two private equity firms will buy a 50% stake in the family's drugmaker Rottapharm, in a deal that values the company at about €1.7 billion ($2.2 billion). Under the agreement, Avista Capital Partners and Clessidra Capital Partners will each own a 25% stake in the company, leaving the Rovatis majority control. The family had been hunting for minority investors since last year. At a $2.2 billion valuation, this deal falls short of the family's asking price; the Rovatis had valued their company at around $2.6 billion. Its 2011 revenues are estimated to be about €600 million ($770 million). CONTINUE AS YOU ENTER THE WORLD OF @FiercePharma @resilient_ent benny quetell resilient media entertainment
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement

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