{"id":1516,"date":"2015-02-06T15:55:07","date_gmt":"2015-02-06T15:55:07","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=1516"},"modified":"2015-02-06T15:55:07","modified_gmt":"2015-02-06T15:55:07","slug":"us-private-equity-firm-eyes-auto-trader-bid","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/us-private-equity-firm-eyes-auto-trader-bid\/","title":{"rendered":"US private equity firm eyes Auto Trader bid"},"content":{"rendered":"<p style=\"text-align: justify;\">American private equity firm Hellman &amp; Friedman is reported to be preparing to \u00a32bn bid for Auto Trader in the UK.<\/p>\n<p style=\"text-align: justify;\">Apax acquired a 49.9% in AutoTrader in 2007 and bought the rest of the business from Guardian Media Group in a \u00a3619m deal in 2014, valuing the business at \u00a31.75bn, including debt.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www.thesundaytimes.co.uk\/sto\/business\/article1513840.ece?CMP=OTH-gnws-standard-2015_01_31\" target=\"_blank\" rel=\"nofollow\">The Sunday Times<\/a> reported that any move by Hellman &amp; Friedman could scupper Apax\u2019 planned \u00a32bn listing of Auto Trader on the stock market.<\/p>\n<p style=\"text-align: justify;\">However, San Francisco-based Hellman was reported to be confident it can move ahead with a takeover bid.<\/p>\n<p style=\"text-align: justify;\">The American firm was reported to have hired advisers to put together a knockout offer.<\/p>\n<p style=\"text-align: justify;\">Its preparations were said to be \u201cvery advanced\u201d and it has already drawn up a business plan, insiders said<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American private equity firm Hellman &amp; Friedman is reported to <a class=\"moretag btn btn-primary\" href=\"https:\/\/dev.lnetdev.uk\/thevra2026\/us-private-equity-firm-eyes-auto-trader-bid\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":450,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[39],"class_list":["post-1516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-auto-trader"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/1516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/comments?post=1516"}],"version-history":[{"count":0,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/posts\/1516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/media?parent=1516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/categories?post=1516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.lnetdev.uk\/thevra2026\/wp-json\/wp\/v2\/tags?post=1516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}