Amid reports that the Blackstone Group is considering a flotation of restaurant group Tragus, a new report reveals that private equity firms are now the most active investors in UK leisure property.
3 min read · 12 January 2013
Coates Hire is the latest listed Australian company to reject a buyout offer because the price was too low. The Carlyle Group had reportedly been a frontrunner in the race for the machinery rental company.
2 min read · 12 January 2013
Jamie Dimon of JP Morgan has hit out at the proliferation of equity bridge facilities used on large buyout deals, suggesting that they are not good for the lending banks or the private equity sponsors.
2 min read · 12 January 2013
US Federal Reserve Chairman Ben Bernanke told Congress that financing activity in bond and business loan markets remains brisk, despite widening credit spreads and tightening of terms for leveraged business loans.
2 min read · 12 January 2013
A recent report by Eurohypo says private equity firms are driving the market by using real estate to finance acquisitions.
2 min read · 12 January 2013
The proportion of European corporates rated as speculative grade has more than doubled in the last decade, according to ratings agency Standard and Poor’s – thanks largely to the growth of private equity.
2 min read · 12 January 2013
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.
2 min read · 12 January 2013
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
2 min read · 12 January 2013
Credit Suisse has promoted John Knox to co-head its Australian investment banking business with Rob Stewart. Knox will continue to head the bank’s financial sponsor coverage in Australia.
2 min read · 12 January 2013
Italian conglomerate De Agostini has taken a minority stake in Palamon Capital Partners-backed loan provider Sigla Luxembourg, as the relatively undeveloped personal credit market in Italy continues to grow.
1 min read · 12 January 2013
