The banks have vowed to 'vigourously' fight the lawsuits, while a Texas judge has issued a temporary restraining order compelling them to fund the take-private bid.
3 min read · 12 January 2013
The buyout boom reached a European deal volume record for the year fuelled by unprecedented amounts of leverage before the credit market problems ended the party.
1 min read · 12 January 2013
The FTSE 100 company, led by Philip Yea, remains confident that despite difficult market conditions, which may slow down its mid-market buyout business, its recently expanded growth capital team will be sheltered from the credit storm.
2 min read · 12 January 2013
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
3 min read · 12 January 2013
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
3 min read · 12 January 2013
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
The UK mid-market firm secures its third deal since the credit crisis engulfed the buyout industry, taking its deals' total enterprise value to £250 million.
2 min read · 12 January 2013
Italy’s Pirelli Real Estate and RREEF are part of a quartet of investors buying a 49 percent stake in German department store joint venture.
2 min read · 12 January 2013
Terra Firma’s first Walker-compliant annual review sets out a blueprint for mega-fund disclosure, reporting on all its portfolio companies irrespective of size or location. Guy Hands may conduct more of his business outside the UK as a result of changes to tax.
3 min read · 12 January 2013
