Leveraged Buyouts

KKR nears deal with Crosby: sources

KKR & Co LP would soon reach a deal to acquire Crosby Group LLC in a transaction valued USD1 billion, said two sources familiar with the matter.


New Italian PM seeks aid of state owned railway for investment in Alitalia

New Italian PM Enrico Letta seeks to block the intent of Air France-KLM to increase its shareholdings in Alitalia.

VTB shares in Rosbank to be sold to Societe Generale

VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.

Sechin says minority investors shares prices fair

Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair. The share price offered by Rosneft to buy out minority shareholders of TNK-BP Holding was reportedly at a premium and should had no cause for complaint.


Latest News

Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
Strathspey Crown acquired Evolus, giving its subsidiary Alphaeon Corporation the exclusive license to market the neurotoxin developed by Daewoon Pharmaceutical.
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.
Rosneft deputy chairman Andrey Kostin said that even if the buyout of the minority share of TNK-BP Holding garnered criticism, the deal had followed good governance and legal practices.
Confie Seguros bought three insurance brokerages located in New York and Texas for an undisclosed amount.
China Minmetals managing director Gu Liangmin said the company would be careful about their decision to buy the Las Bambas copper mine of Glencore-Xstrata.
Air New Zealand said on Friday it would increase its stake in Virgin Australia Holdings Ltd. On Friday, Air New Zealand said it would increase its stake in Virgin Australia Holdings Ltd.
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