Private Equity
US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.
1 min read · 04 January 2013
Oak Hill Capital Partners looks to round out its growing aerospace portfolio with the purchase of Firth Rixson.
1 min read · 04 January 2013
The consortium led by UK billionaire Sir Richard Branson’s The Virgin Group has expanded its Northern Rock turnaround team, as expectant bidders await the results of a Goldman Sachs proposed financing solution.
2 min read · 04 January 2013
UK private equity contrarian Jon Moulton has personally funded a purpose-built private drug addiction treatment centre in Kent.
2 min read · 04 January 2013
UK-listed Candover Investments and Electra Private Equity, and San Francisco-based Lombard Investments have sold their stakes in Dakota, Minnesota & Eastern Railroad Corporation to rival Canadian Pacific after 20 years, although the firms may receive a further return in 18 years time.
1 min read · 04 January 2013
UK leisure group Whitbread has bought Graphite Capital's Golden Tulip hotel franchise for £44 million, tripling the mid-market firm's return. The business has nine hotels under development.
1 min read · 04 January 2013
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
1 min read · 04 January 2013
The Brazilian private equity firm will invest $136 million in Laboratório Americano de Farmacoterapia, a Brazilian pharmaceutical company.
1 min read · 04 January 2013
The industry is braced for a slow down as buyouts hit a European high in the first half of 2007. The second half looks more restrained after the banking liquidity crisis of the summer. Continental European deals were among the largest, said Tom Lamb, co-head Barclays Private Equity.
2 min read · 04 January 2013
Taking its ownership in the French football team to 62.5 percent is a sign of its long term ambition for the club, says the Los Angeles-based firm.
2 min read · 04 January 2013