KKR outbids competition for Zinc Ahead

Rival bids fell short of KKR's sizeable offer.

Elan rejects $5.7bn Royalty bid

Royalty's bid rejected as "grossly inadequate".

Directive to come into effect in July.

The firm hoped to get €200m for the toymaker, but bids reportedly came in at €165m.

Insurer already sold $400m worth of fund stakes to Lexington last year.

Private equity firms are taking longer to reach a first close and raising less capital when they do.

Strong results for the year, but questions linger over activist investor's plans for the firm.

The company has made 14 bolt-on acquisitions since 2008.

Distressed debt HIG affiliate exceeds its $1bn target.

Business managers fear increased regulations and difficulties in hiring foreign staff.