Oaktre pays GBP165 million for Countryside. Oaktree Capital Management LLC, the world's largest distressed debt investor, has purchased Countryside Properties Plc through debt provided by former owner Lloyds Banking Group.
Tags: Lloyds Banking Group
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
UK’s Co-op Bank Agrees to US$2.4 Billion Rescue Plan
Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.
Britain Announces Early Public Sale of Lloyds
British finance minister George Osborne announces an early public sale of their shares in Lloyds Banking Group.
Bischoff Set to Retire from Lloyds Chairmanship
Win Bischoff is retiring as chairman of Lloyds Banking Group according to the Financial Times. As reported in the Financial Times, the chairman of the Lloyds Banking Group Win Bischoff is stepping down.
Latest News
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Private equity property funds run by Blackstone and Morgan Stanley have agreed to pay A$640 million ($621 million) to acquire a A$1.9 billion portfolio of distressed property loans in Australia.
Bailed-out Lloyds Banking Group is preparing to sell a second and smaller portfolio of loans backed by UK commercial property.
Private equity firm Apax is preparing a possible sale of its troubled British medical courier Marken.
