Cerberus Capital Management related stories
All articles and analysis
Winning some, losing othersAs some of Sun Capital’s recent battles show, the retail market is getting increasingly competitive as firms jockey for deals. By Aaron Lovell.
- Sun exits mortgage company for 10x
The distressed buyout specialists will generate a return of 10 times their initial investment in mortgage originator First NLC, following its announced $88m acquisition by Friedman, Billings, Ramsey Group.
- Cerberus to buy MeadWestvaco unit for $2.3bn
The New York distressed specialist will buy the paper business of packaging conglomerate MeadWestvaco for $2.3bn.
- Report: German properties on the block
Oaktree Capital has been granted exclusivity in the €1bn sale of 21,000 homes from HSH Nordbank, while four bidders vie for a €6bn Viterra portfolio.
- Sun Capital buys Honeywell unit
The Florida distressed-buyout specialist has agreed to buy the performance fibers business of Honeywell as the manufacturing giant looks to divest its non-core assets.
- Sun Capital leads $1.2bn Mervyn’s buyout
The Florida distressed-buyout specialist has teamed with Cerberus Capital and others to buy the department store from Target.
- Cerberus lines up €500m Bayer unit
Cerberus Capital Management, the US turnaround specialist, is reported to be in exclusive talks to buy German drug giant Bayer’s blood products unit for over €500 million.
- Cerberus to buy Cingular Interactive
Cerberus Capital Management, the US turnaround specialist, has agreed to buy the Blackberry network from Cingular Wireless, the second largest wireless provider in the US.
- Cerberus buys distribution co for $810m
The New York distressed investor teams with management to acquire the building products distribution division of papermaker Georgia-Pacific.
- Arsenal buys pharma co from Wyeth for $81m
The New York firm acquires Scientific Protein Laboratories, a maker of ingredients for end-use pharmaceuticals, in its fifth portfolio acquisition for its debut fund, closed last June.