Another day, another directories deal. Last month, New York media merchant bank Veronis Suhler Stevenson and London-listed 3i Group succeeded in selling pan-European directories group Yellow Brick Road (YBR) to a private equity consortium led by Macquarie Capital Alliance for €1.825 billion ($2.3 billion) in cash.
The sale took place little more than a year after the two firms created YBR through a three-way merger in April 2004.