A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 12 January 2013
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 12 January 2013
The bids are shaping up for UK bank Northern Rock as its share price continues to drop.
2 min read · 12 January 2013
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
2 min read · 12 January 2013
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
2 min read · 12 January 2013
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
2 min read · 12 January 2013
The UK Treasury has made clear it can offer no guarantee of prolonged funding, causing potential bidders to make cautious indicative offers.
3 min read · 12 January 2013
Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.
2 min read · 12 January 2013
Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.
2 min read · 12 January 2013
Terra Firma founder and former banker Guy Hands has said bankers are “whimpering dogs”, who will need to be enticed from their baskets after the credit crunch.
2 min read · 12 January 2013
