Cerberus Capital Management related stories
All articles and analysis
- Ex-UBS exec, Florida billionaire to raise $1bn distressed fund
Jeffrey McDermott, formerly co-head of investment banking at UBS, and billionaire Michael Heisley are targeting $1 billion for the debut fund of a new, distressed-focused private equity firm.
- Buyout firms circle Land Rover and Jaguar(2)
Several private equity firms, including Cerberus Capital Management, Ripplewood Holdings and One Equity Partners, are reportedly looking at bids for car-maker Ford Motor Company’s two luxury UK marques, Land Rover and Jaguar.
- Buyout firms circle Land Rover and Jaguar
Several private equity firms, including Cerberus Capital Management, Ripplewood Holdings and One Equity Partners, are reportedly looking at bids for car-maker Ford Motor Company’s two luxury UK marques, Land Rover and Jaguar.
- Pension showdown looms for Canada’s BCE
Teachers’ is the latest, major Canadian pension fund to enter take-private talks for $30 billion telecom giant BCE. Like the pensions in the two other bidding groups, Teacher’s has partnered with a heavyweight US private equity firm.
- Mid Europa buys Austrian mobile operator(3)
Mid Europa Partners and France Telecom have bought Austrian mobile operator One for €1.4 billion. The deal is the biggest industrial leveraged buyout in Austria to date.
- Mid Europa buys Austrian mobile operator(2)
Mid Europa Partners and France Telecom have bought Austrian mobile operator One for €1.4 billion. The deal is the biggest industrial leveraged buyout in Austria to date.
- Mid Europa buys Austrian mobile operator
Mid Europa Partners and France Telecom have bought Austrian mobile operator One for €1.4 billion. The deal is the biggest industrial leveraged buyout in Austria to date.
- EMI agrees to £2.4bn Terra Firma bid
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
- Cerberus lands $7.4bn Chrysler
Cerberus Capital Management has won a $7 billion three-way fight for US car manufacturer Chrysler. The US buyout firm received unexpected union support after agreeing to take on the company’s $10 billion healthcare and pensions liabilities.
- GS, TPG to take Alltel private for $27.5bn
TPG and Goldman have agreed to buy US wireless provider Alltel for $27.5 billion, the largest-ever private equity deal in the telecom sector.