The Association for Corporate Growth (ACG) has formed a chapter in China, based in Tianjin.
3 min read · 15 June 2009
2 min read · 15 June 2009
2 min read · 15 June 2009
1 min read · 15 June 2009
2 min read · 15 June 2009
1 min read · 15 June 2009
Birch Hill Equity Partners and Westerkirk Capital have sponsored a recapitalization of Shred-it International Inc., and Ontario-based provider of on-site document destruction services and records retention information management. No financial terms were disclosed. National Bank of Canada and Toronto Dominion Bank co-led the senior debt financing, while Imperial Capital ran the process on behalf of Shred-It.
3 min read · 14 June 2009
1 min read · 14 June 2009
(Reuters) - U.S. regulators are drawing up rules that would make it easier for private equity firms to acquire troubled banks, aiming to free up more funds to recapitalise lenders, the Financial Times reported, citing people close to the situation. The plan, which has yet to be finalised, may require private equity companies to inject substantial capital into lenders and to agree not to sell them for at least two years, the newspaper reported. Obama administration officials continue to stress concerns about ensuring sufficient capital in the financial system, even as several financial institutions have begun lining up to return funds borrowed under the government's $700 billion troubled asset relief program to cope with the financial crisis.
2 min read · 13 June 2009
1 min read · 12 June 2009