CVC Capital Partners has agreed to acquire a majority stake in Skrill Group, a London-based provider of online payment solutions for consumers and businesses, from Investcorp for €600 million. Investcorp invested a total of $88 million into Skrill Group, including an original investment in late 2007. Over that time the company's EBITDA increased from €3.7 million to €50 million. www.skrill.com
Ares Management has expressed interest in acquiring upscale retailer Neiman Marcus, according to Bloomberg. Neiman Marcus currently is in registration for MORE