The biggest LBO proposed to date has reportedly hit a financing snag just weeks before it was expected to close.
2 min read · 12 January 2013
The European Capital deal follows its share buy-back and increased dividend this week, as it reported a first quarter earnings loss related to its introduction of 'fair value' accounting.
2 min read · 12 January 2013
The West and Central African buyout firm founded by Nigerian executives, was largely backed by local investors as well as CDC, the UK government fund of funds.
2 min read · 12 January 2013
On a conference call, president Tony James touted his firm’s deal flexibility but said prices are ‘still way too high’ in the middle market.
3 min read · 12 January 2013
The West and Central African buyout firm founded by Nigerian executives, was largely backed by local investors as well as CDC, the UK government fund of funds.
2 min read · 12 January 2013
TH Lee and Bain will settle litigation with lenders over their previously agreed buyout – after the deal’s debt and equity are put in escrow.
2 min read · 12 January 2013
The underwriting banks have provided buyers of quantities of more than £100m with a financing package which could secure them an internal rate of return of around 20 percent over four years.
2 min read · 12 January 2013
Financial sponsors negotiating block purchases of opportunity loans from banks are being provided with discounted financing. In return for the cheap financing the selling banks are asking for more than the book price of their loans.
2 min read · 12 January 2013
The debt investment arm of Kohlberg Kravis Roberts is looking to buy loans related to the Alliance Boots buyout. The syndicating banks are considering providing discounted loans to back the debt sale.
1 min read · 12 January 2013
The real estate management arm of Italy’s famous tire manufacturer targets €1 billion ($1.5 billion) for deployment in Europe.
2 min read · 12 January 2013
