Jenny Bollen

Yesterday Amec rejected a £1.5 billion bid from Texas Pacific Group and First Reserve Corporation, leading shares to a four-year high.

The Riverside Company, an international private equity firm, will acquire ONITelecom, beating off competition from Vodafone.

Europcar, a Eurazeo portfolio company, is building Vanguard’s European franchise for €670 million.

Inflexion has sold ACIS (Advanced Communications and Information Systems), an information source for the transport industry, making more than 3.2 times its investment.

Inflexion Private Equity has raised £165 million for a new buyout fund in a six-week marketing effort.

The Polish private equity manager has closed its Innova/4 LP fund at €225 million, and boasts a 1.5 percent commitment from the firm’s partners.

The French venture group has appointed former Wanadoo chairman Olivier Sichel to capitalise on his experience in fixed-line and internet-based telecommunications.

Doughty Hanson & Co. will acquire Italian air freshener manufacturer Zobele in this, its first foray into the sector.