Cerberus Capital Management related stories
All articles and analysis
- Cerberus launches website
The historically reclusive firm peeks out from behind the curtain with a new web space.
- Cerberus, Carlyle vets launch new fund
Cerberus Capital Management veteran Joyce Johnson-Miller and former Carlyle managing director Leslie Armitage have teamed up for a new private equity fund that will invest in debt and equity.
- Angelo Gordon, MTN take over Marks & Spencer unit
Angelo Gordon and MTN Capital Partners have teamed up with former Duane Reade head Bruce Weitz to take over Marks & Spencer’s US grocer Kings Supermarkets in a $61.5m deal.
- Debt relief
The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.
- Albertson’s sold for $17.4bn
In 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.