UK/NETHERLANDS - Private equity manager Stirling Square Capital Partners has bought a controlling stake in Dutch packaging manufacturer Schoeller Wavin Systems for e145m (£101.3m).
Stirling Square bought the firm after the Scholler family – which owns SWS – decided it needed to raise cash for other ventures, while at the same time, minority shareholder JP Morgan Partners decided that it wanted to exit.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.