The firm’s country head, Paul Yoo, has been sentenced to five years in prison, while Lone Star has been fined $26 million by a Korean court.
3 min read · 12 January 2013
Alliance Data Systems has sued the private equity firm, which previously indicated it would drop the $7.8 billion deal due to regulatory requirements that are ‘unprecedented and unacceptable’.
2 min read · 12 January 2013
US buyout firm JC Flowers has been unable to sell the Dutch bank, despite agreeing a deal in August. The cancelled deal may dampen Flowers’ interest in UK bank Northern Rock and UK insurer Friends Provident.
1 min read · 12 January 2013
The credit crunch has claimed another victim: Patriarch Partners’ American LaFrance, one of the oldest fire engine makers in the US.
2 min read · 12 January 2013
Avalon Laboratories, which manufactures connection devices for life support machines, is American Capital’s sixth investment in the medical technology sector.
1 min read · 12 January 2013
The credit crunch has claimed another victim: Patriarch Partners’ American LaFrance, one of the oldest fire engine makers in the US.
2 min read · 12 January 2013
US student lender Sallie Mae will accept a $30 billion refinancing in lieu of a JC Flowers-led buyout. Meanwhile, Blackstone has told Alliance Data it does not think the company can meet closing conditions for a $6.43 billion acquisition.
2 min read · 12 January 2013
The disappearance of mega deals in the European buyout market and a drop of nearly 50 percent in large mid-market volume contrasted to gains for the lower mid-market, growth capital and venture in the fourth quarter.
2 min read · 12 January 2013
US student lender Sallie Mae will accept a $30 billion refinancing in lieu of a JC Flowers-led buyout. Meanwhile, Blackstone has told Alliance Data it does not think the company can meet closing conditions for a $6.43 billion acquisition.
2 min read · 12 January 2013
The disappearance of mega deals in the European buyout market and a drop of nearly 50 percent in large mid-market volume contrasted to gains for the lower mid-market, growth capital and venture in the fourth quarter.
2 min read · 12 January 2013
