Events group Hyve in talks with Carlyle about £250m PIPE dream

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Events group Hyve in talks with Carlyle about £250m PIPE dream
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The group behind Shoptalk and Mining Indaba has become the latest listed target for private equity investors, Sky News learns

Other options being evaluated by Hyve's board were unclear this weekend.

Other exhibitions in Hyve's portfolio include Shoptalk, Bett and Mining Indaba, an African resources conference attended by executives from around the world. Its balance sheet has been strengthened by more than £60m of insurance payouts during the current financial year, it said as part of a half-year results statement this month.

The talks between Carlyle and Hyve come during an intensive period of private equity deals involving London-listed companies as buyout firms capitalise on opportunities to take businesses private at attractive valuations.

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