Free-spending private equity firms set a record pace in Europe

A year of pandemic prudence is giving way to jumbo dealmaking in Europe for deep-pocketed private equity houses.
And in what could be one of the year’s landmark transactions, EQT AB has approached the USD 15 billion Dutch company Royal KPN NV about its biggest ever takeover, Bloomberg News has reported. | Photo: EQT/PR
And in what could be one of the year’s landmark transactions, EQT AB has approached the USD 15 billion Dutch company Royal KPN NV about its biggest ever takeover, Bloomberg News has reported. | Photo: EQT/PR
By Jan-Henrik Förster / BLOOMBERG

Buyout firms have announced USD 29bn of takeovers involving European companies this year, up 60 percent year-on-year and the most for this period on record, according to data compiled by Bloomberg.

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