Private Equity

Large-cap buyouts drive deals surge

European buyouts worth $1 billion-plus fuel second quarter jump in total deal value

Large-cap buyouts drive deals surge

The total value of European buyouts surged in the second quarter as large-cap deal activity hit its highest level in seven years.

There were 10 European buyouts worth $1 billion or more in the second quarter - the highest number since the second quarter of 2008 when 11 such deals were done, according to data provider Preqin.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached