Private Equity
2 min read · 17 July 2008
Now that most of the troublesome buyouts have been annulled or renegotiated, private equity shops are being forced to consider how they will conduct business in a bear market. Self-reliance on sourcing capital, kicking in more equity and strategic partnerships are the new investment paradigm. Timothy Sifert and Michelle Sierra Laffitte report.
4 min read · 17 July 2008
Leveraged volumes and average deal sizes crept up in the second quarter while underwriting groups shrank. However, with secondary markets sharply wider and liquidity for the rest of the year far from secure, there is a sense among market watchers that the best of 2008 could have passed.
5 min read · 17 July 2008
By Stephen Lacey
3 min read · 17 July 2008
At 70% of face value, a €1bn sale of debt backing a buyout of Endemol implies a collective loss of €660m for the banks behind the deal. But a rising price for debt related to the Alliance Boots LBO indicates that those hoping to pick up bargains are not having it all their own way. Donal O'Donovan reports
4 min read · 03 July 2008
By Henry Gibbon
3 min read · 03 July 2008
1 min read · 03 July 2008
1 min read · 03 July 2008
3 min read · 19 June 2008
Does anyone remember the European high-yield market? Almost a year after the last new issue priced, European high-yield is fading into history. Despite the lack of deal flow bankers insist the window is ajar for those brave enough to climb through. Donal O'Donovan reports.
4 min read · 19 June 2008