Balderton profits from Bebo sale to AOL

Balderton Capital will make a return of nine times its original investment from the sale of Bebo, a UK social networking internet site, which the European venture capital firm said is one of the most successful investments in the region in recent years.

AOL, the US internet company, is acquiring Bebo for $850m (€545m) in cash.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump