The banks have vowed to 'vigourously' fight the lawsuits, while a Texas judge has issued a temporary restraining order compelling them to fund the take-private bid.
3 min read · 04 January 2013
The end of short-selling by hedge funds could be nigh, as market participants’ focus shifts from opportunistic buys to companies’ economic fundamentals.
2 min read · 04 January 2013
The UK insurer said the US buyout firm’s bid undervalues the company despite a 22 percent premium to the share price.
1 min read · 04 January 2013
The European buyout firm has teamed up with the security risk consultancy business’ former chairman as it looks to seal its first US deal since opening its New York office in February.
1 min read · 04 January 2013
The buyout boom reached a European deal volume record for the year fuelled by unprecedented amounts of leverage before the credit market problems ended the party.
1 min read · 04 January 2013
The US bank and the global buyout firm have held talks about the possibility of strengthening co-investment ties, after Merrill Lynch sounded out TPG last year on the possibility of receiving a capital injection from the buyout firm.
2 min read · 04 January 2013
The merger of DFJ-backed Imagine with Irish Broadband has taken the revenues of the combined group to more than €100 million, a more than tenfold increase since the venture firm invested two years ago.
2 min read · 04 January 2013
The deal provides a partial exit for rival European buyout firm Cinven, valuing the two cable companies at more than double the cost of the buy and build strategy which formed them over three years.
1 min read · 04 January 2013
The FTSE 100 company, led by Philip Yea, remains confident that despite difficult market conditions, which may slow down its mid-market buyout business, its recently expanded growth capital team will be sheltered from the credit storm.
2 min read · 04 January 2013
The sovereign wealth funds of the two Middle Eastern countries have teamed up to launch a joint fund, allowing the UAE’s International Petroleum Investment Company to broaden its scope away from the energy sector.
1 min read · 04 January 2013
