Cerberus Capital Management related stories
All articles and analysis
Albertson’s sold for $17.4bnIn a major buyout deal involving no buyout firms, Albertson’s agreed to a sale valued at $17.4bn, with SuperValu, CVS and Cerberus Capital Management teaming up to buy the US supermarket and drug-store chain.
- Terra Firma clinches €7bn Viterra deal
Terra Firma Capital Partners is set to sign terms to acquire German property group Viterra for €7 billion in Europe’s largest private equity deal to date.
- Cerberus, Nikko face fight for Seibu
Two brothers of ousted Seibu chairman, Yoshiaki Tsutsumi, have reportedly launched a counter bid to the ¥160 billion offer Cerberus Capital Management and Nikko Principal Investments made for a significant stake in Japanese real estate and rail giant Seibu.
- Railroad, real estate and baseball
As the battle for the Seibu Railway Company heats up, the company’s diverse assets are coming into play, including 81 hotels, 52 golf courses, 26 ski resorts and a baseball team. By Aaron Lovell.
- Hitting the road
As the beleaguered US automotive parts sector looks to shed assets, a few funds have already lined up to take advantage of the deals. By Aaron Lovell.
- Cerberus, Nikko overcome opposition for Seibu
Cerberus Capital Management and Nikko Principal Investments have agreed to a deal to invest around ¥141bn into troubled Japanese conglomerate Seibu. The deal overcame a counterbid from the brothers of ousted Seibu head, Yoshiaki Tsutsumi.
- Life after the White House turns private
The past three US vice presidents have all left public life to join private equity firms – now, even those who didn’t win a presidential election are cashing in on the trend. By Paul Fruchbom.
- Retail exec joins Cerberus
As the distressed specialist continues eyeing retail opportunities, the firm has hired a JC Penney executive to head up its Mervyn’s department store chain.
- Refco auction looms
The auction for Refco’s assets is scheduled for tomorrow, and a winning bidder should be announced by the end of the week. The beauty contest is said to include a mix of strategic and financial bidders, who could push the bidding up to the $1bn range.
- Terra Firma clinches €7bn Viterra deal
Terra Firma Capital Partners is set to sign terms to acquire German property group Viterra for €7 billion in Europe’s largest private equity deal to date.