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PE Hub Staff

Premier Precision Group Adds On

Premier Precision Group, a Minneapolis-based contract manufacturer of fabricated and complex precision machined components, has acquired the assets of Phoenix-based Aimco Precision Inc. No financial terms were disclosed. PPG is a portfolio company of Spell Capital Partners.

1 min read · 29 June 2009

Royal Mail Sale Put On Hold

2 min read · 29 June 2009

Candover: Takeover Talks Over, Will Meet Covenants

2 min read · 29 June 2009

Blackstone Raises €3.1 Billion for European Real Estate

The Blackstone Group has closed its third European real estate fund with €3.1 billion in capital commitments, compared to a €2.5 billion target. The Park Hill Group, a Blackstone affiliate, served as placement agent.

3 min read · 29 June 2009

FT: Microsoft To Sell Razorfish

1 min read · 29 June 2009

EMA Syndicated Loans Down 38% in H1

1 min read · 29 June 2009

HSBC-Backed Fund Buys Omani Power Stake from GDF

1 min read · 29 June 2009

CalPERS Names Deputy Exec of Operations

Stephen Kessler has joined the California Public Employees' Retirement System (CalPERS) as deputy executive office of operations. He previously served in a similar position with the California Department of Public Health.

2 min read · 28 June 2009

Lime Rock Completes Allis-Chalmers PIPE

Lime Rock Partners has paid $49.7 million to acquire approximately 19.89 million shares of common stock in Allis-Chalmers Energy Inc. (NYSE: ALY), which represents around a 27.9% ownership position. The position could rise to 39.8%, based on a backstop agreement and preferred stock purchase commitment.

3 min read · 28 June 2009

Towers Perrin Merging with Watson Wyatt

2 min read · 28 June 2009

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