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  • Report: WL Ross offers $435m for bankrupt mortgage division
    Amanda Janis- 4 January 2013

    US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.

  • HD Supply deal may get lower price tag(3)
    Jennifer Harris- 4 January 2013

    As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.

  • Banks sell $6bn of Chrysler debt
    Jennifer Harris- 4 January 2013

    The JP Morgan-led group of banks that underwrote $10 billion of debt related to Cerberus’ acquisition of Chrysler has sold $6 billion of the debt at 95 percent of par.

  • HD Supply deal may get lower price tag(2)
    Jennifer Harris- 4 January 2013

    As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.

  • Cerberus taps Nardelli to head Chrysler(3)
    Jennifer Harris- 4 January 2013

    Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.

  • Cerberus to take private United Rentals for $6.6bn(3)
    Amanda Janis- 4 January 2013

    United Rentals, the world’s largest equipment rental company, has agreed to be purchased by Cerberus in a $6.6 billion transaction.

  • Cerberus taps Nardelli to head Chrysler(2)
    Jennifer Harris- 4 January 2013

    Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.

  • Shareholders approve $49bn BCE buyout
    Amanda Janis- 4 January 2013

    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.

  • Cerberus in $2.52bn paper LBO
    Jennifer Harris- 4 January 2013

    Cerberus Capital Management will acquire the North American operations of paper products producer Stora Enso for $2.52 billion, in one of the few mega buyouts to be signed since the advent of the credit crunch.

  • HD Supply deal may get lower price tag
    Jennifer Harris- 4 January 2013

    As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.