HSBC has entered into an agreement with KEB's labour union, affirming that the Korean bank will not be delisted and that its employees will be protected, if its buyout attempt is approved.
2 min read · 12 January 2013
The London and Chicago-based real estate investment firms say pressure is mounting on banks with unwanted loan positions as exit routes dry up. The mezzanine debt tranche acquired by the firms is backed mainly by hotels in Germany managed by Blackstone funds.
1 min read · 12 January 2013
The Washington-based private equity real estate firm has launched a debt financing vehicle to provide up to $1bn to struggling development projects in the US. It will focus on property developments with a total capitalization of between $20m and $75m.
1 min read · 12 January 2013
The two funds have offered to buy all outstanding shares of TransAlta, a Canadian energy company that recently sold assets to an AIG- and Teachers’ Private Capital-backed portfolio company.
2 min read · 12 January 2013
The Washington-based private equity real estate firm has launched a debt financing vehicle to provide up to $1bn to struggling development projects in the US. It will focus on property developments with a total capitalization of between $20m and $75m.
1 min read · 12 January 2013
The two funds have offered to buy all outstanding shares of TransAlta, a Canadian energy company that recently sold assets to an AIG- and Teachers’ Private Capital-backed portfolio company.
2 min read · 12 January 2013
The move to rate issuers on LBO transactions with total debt facilities of more than €1bn should increase liquidity and help push the bank-driven European market closer to the US model where institutional lenders are more active.
3 min read · 12 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 12 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 12 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 12 January 2013
