Cerberus Capital Management related stories
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Cerberus taps Nardelli to head Chrysler(2)Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.
- Shareholders approve $49bn BCE buyout
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
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
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, Cerberus to absorb $12bn Chrysler loans(3)
A JPMorgan-led group of banks has reportedly been left holding the bag for $10 billion in loans relating to the Chrysler deal, while buyer Cerberus and seller Daimler will shoulder another $2 billion. Earlier today, underwriters of KKR’s Alliance Boots deal also postponed debt syndication.
- Cerberus to take private United Rentals for $6.6bn(2)
United Rentals, the world’s largest equipment rental company, has agreed to be purchased by Cerberus in a $6.6 billion transaction.
- Banks, Cerberus to absorb $12bn Chrysler loans(2)
A JPMorgan-led group of banks has reportedly been left holding the bag for $10 billion in loans relating to the Chrysler deal, while buyer Cerberus and seller Daimler will shoulder another $2 billion. Earlier today, underwriters of KKR’s Alliance Boots deal also postponed debt syndication.
- Banks, Cerberus to absorb $12bn Chrysler loans
A JPMorgan-led group of banks has reportedly been left holding the bag for $10 billion in loans relating to the Chrysler deal, while buyer Cerberus and seller Daimler will shoulder another $2 billion. Earlier today, underwriters of KKR’s Alliance Boots deal also postponed debt syndication.
- Cerberus sells German residential portfolio for €1.6bn(3)
Pirelli RE and Deutsche Bank have agreed to buy German property group BauBeCon from Cerberus, in a transaction valued at €1.6bn.
- Cerberus taps Nardelli to head Chrysler
Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.