BC wins Migros with extra equity investment

Thursday 14 February 2008 at 17:11

The BC Partners-led private equity consortium making Turkey’s largest buyout has agreed to invest more than 50% of the deal initially as equity.

Typically, leveraged buyouts use equity for a third of the agreed price with the remainder funded with debt, but in wake of the liquidity crisis that began last summer borrowing packages have become more difficult to raise.