Cerberus Capital Management related stories
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Moelis picks up former CCMP execKen 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.
- Cerberus in $2.52bn paper LBO(4)
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.
- Shareholders approve $49bn BCE buyout(3)
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(3)
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.
- Cerberus axes $6.6bn United Rentals buyout
Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.
- Bush administration to veto carry tax bill
The White House has indicated that, if passed by the US Senate, it would veto a bill passed today by the House of Representatives. Cerberus Capital Management’s John Snow has also attacked the bill, which aims to raise revenue with measures including increasing the tax on carry.
- Shareholders approve $49bn BCE buyout(2)
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.