The buyout firms selling the satellite operator for $16.5 billion have benefitted from their lenders’ decision to part-finance the BC Partners-led acquisition agreed shortly before the credit crunch.
The struggling UK bank’s nationalisation is despite interest from various bidders including distressed debt investor WL Ross as part of the Virgin consortium.
The struggling UK bank’s nationalisation is despite interest from various bidders including distressed debt investor WL Ross as part of the Virgin consortium.
They are also negotiating with financial sponsors to restructure deals to make them acceptable to buyers in the liquidity-starved loan markets.
Nearly a year after Ripplewood’s $740 million deal for Daewoo fell apart, Morgan Stanley appears headed toward an agreement to buy the Korean electronics company.
Nearly a year after Ripplewood’s $740 million deal for Daewoo fell apart, Morgan Stanley appears headed toward an agreement to buy the Korean electronics company.
They are also negotiating with financial sponsors to restructure deals to make them acceptable to buyers in the liquidity-starved loan markets.
The private equity firm is looking to capitalize on opportunities from increasing global demand for the natural resource.
The BC Partners-led consortium has pulled off its YTL3.9 billion bid for Migros Türk in the face of strong competition including The Blackstone Group and Kohlberg Kravis Roberts. It is Europe’s largest deal since credit markets seized up.
Ernst & Young veteran John Harley has landed a top private equity role and he is looking forward to helping advance the transparency debate surrounding sovereign wealth funds.