Candover seeks to sell 400 millions of £ Qioptiq
Qioptiq manufactures spy lenses, missile defence systems and thermal imaging, technology is in preparation for a possible sales in the second quarter of 2011 by NM Rothschild.
It is the latest in a string of assets sold by Candover, who last year came to €3 8bn (£ 3 UNI) transaction.
The month last Candover Investments, the arm of London listed group private equity has announced would liquidate itself by returning the cash from the sale of its remaining shareholder portfolio.
Registered arm saw his talks twice with a break down in July, Canadian pension fund leaving little chance of raising a new Fund and purchase without a checkbook new transactions team.
However, the company says will not be a discount of assets.
Recently, the capital group fired its plans to sell or float Parques Reunidos, operator Spanish Park theme after offer below its price tag of €transmitters.
Insiders say that the team focuses on maximizing the value of its portfolio to increase its chances of earning interest carried out on its fund in 2005, rather than to sell quickly to raise its next funds.
Buys Qioptiq in 2005 to EUR 200 million, and June this year Candover Investments wrote his portfolio to £ 14.2 m.
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