Cerberus Capital Management related stories
All articles and analysis
Report: WL Ross offers $435m for bankrupt mortgage division(4)US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.
- Report: WL Ross offers $435m for bankrupt mortgage division(3)
US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.
- Boxclever fallout comes to court
Separately to a criminal prosecution of ex-West LB executive Jürgen Sengera, the collapse of Boxclever has resulted in various civil cases disputing information provided to French bank Natixis during the television rental business’ refinancing in 2002.
- Report: WL Ross offers $435m for bankrupt mortgage division(2)
US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.
- Report: Banks still stuck with Chrysler debt
Wall Street banks this week reportedly failed to sell the remaining $4 billion-worth of Chrysler-related debt still on their books.
- PennSERS names Winchester CIO
The Pennsylvania State Employees’ Retirement System has named two longtime staffers, John Winchester and Leonard Knepp, as the pension’s new chief investment officer and executive director.
- Moelis picks up former CCMP exec
Ken Moelis is continuing to grow his new firm’s roster with the hire of former CCMP Capital Advisors principal Stephan Oppenheimer.
- Platinum to buy Delphi division for $190m
Tom Gores’ Platinum Equity will pay $190 million to acquire the steering and half-shaft business of Delphi Corporation, as part of the General Motors spinout’s emergence from bankruptcy.
- Shareholders approve $49bn BCE buyout(4)
BCE shareholders have approved the Canadian telecom company’s sale to Teachers, Providence and Madison Dearborn. But the $49 billion transaction, the largest proposed buyout to date, still faces regulatory hurdles.
- Olivant fleshes Rock plans, Flowers draws line
The former Goldman Sachs financier Christopher Flowers’ firm has decided not to change his offer in the face of an intransigent Northern Rock board. Olivant's bid will allow existing shareholders to take part.