The credit-card services company is pursuing a $170m break-up fee for the second time, as the mega-buyout firm calls the suit ‘just as spurious as the first one’.
2 min read · 12 January 2013
The global buyout firm has closed one loan fund while reportedly fundraising for another, as it looks to capitalise on credit market turmoil.
2 min read · 12 January 2013
Tone Grant has been convicted of defrauding TH Lee and other investors during his tenure at the once-mighty commodities brokerage.
2 min read · 12 January 2013
Kemal Kaya, a leading figure in the Turkish banking world, has joined Blackstone, as buyout firms descend on the region.
2 min read · 12 January 2013
Linklaters’ Hugo Stolkin, partner, and Kim Latypov, managing associate, track Russia's progress in from the cold.
3 min read · 12 January 2013
The private equity group will take a stake in the German property lender following its admission in January that it was more exposed to the global credit crisis than previously thought.
1 min read · 12 January 2013
The US firm finds its $700m fund already oversubscribed after just a few weeks in the market. Meanwhile, $16.8bn in debt tied to its BCE deal is reportedly among the LBO loans lenders hope to sell to buyout firms.
2 min read · 12 January 2013
The oil and gas giant is compiling due diligence on Expro, the FTSE 250 oil and gas company, although it will need to trump a large premium offered in an agreed bid by Candover.
2 min read · 12 January 2013
Goldman Sachs, currently raising $7.5bn for infrastructure, isn’t the only investment banking giant looking to capitalise on the increasingly popular asset class.
2 min read · 12 January 2013
The private real estate investment firm has increased its latest $1.3 billion fund by more than $700 million.
1 min read · 12 January 2013