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PE Hub Staff

Gores Group Buys Stock Building Supply

The Gores Group has acquired a 51% stake in Stock Building Supply Holdings LLC,a Raleigh, N.C.-based supplier of building products to professional builders and contractors, from Wolseley PLC. The deal is conditioned on the completion of a pre-packaged Chapter 11 process that is expected to last between 45 and 60 days. At that point, Gores would invest $75 million and provide a $125 million revolving credit bridge facility. Wolesley would retain a 49% ownership interest.

4 min read · 06 May 2009

Mid Europa Partners Buying Slovenian Cable Operator

Mid Europa Partners has agreed to acquire UPC Slovenia, a Slovenian cable and broadband operator, from Liberty Global Inc. No financial terms were disclosed.

2 min read · 06 May 2009

Source: Bank of America To Require $34 Billion in Capital

5 min read · 06 May 2009

Aviva Looks To Sell Australian Business

3 min read · 06 May 2009

NYSE Euronext Wooing Indian Companies

2 min read · 06 May 2009

SovGem in Reverse Buyout with Hanson Westhouse

1 min read · 06 May 2009

Canadian Private Equity Slumped in Q1

2 min read · 05 May 2009

S&P Rates Blackstone Funds

3 min read · 05 May 2009

Mark Barrow Joins Lincoln International

Mark Barrow has joined mid-market advisory Lincoln International as a managing director, in charge of the fim's UK business. He previously was with Dresdner Kleinwort, and before that spent 10 years with Close Brothers Corporate Finance.

3 min read · 05 May 2009

GMAC Has $675 Million Q1 Loss

2 min read · 05 May 2009

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