- PE-backed IPOs in US leave buyers with worst 2010 returns
The failure of buyers to profit from share sales may hamper PE firms as they try to offload some of the $2 trillion in leveraged buyouts.
20 May, 2010, 07.08 AM IST
- Warburg raises $15 bn for largest fund
Warburg Pincus, the private equity firm that bought a stake in unprofitable insurer MBIA, raised $15 billion for its biggest fund just as c...
23 Apr, 2008, 02.44 AM IST
- RBS plans fund to transfer loan-risk losses
Royal Bank of Scotland Group, the UK’s second-biggest lender, plans to start a fund to transfer the risk of losses from e1.5 billion ($2.3 ...
22 Apr, 2008, 12.20 AM IST
- Buffett model wins the day
Credit-market gridlock has trapped Stephen Schwarzman, who relies on lenders to fund acquisitions, while leaving Warren Buffett free to pur...
27 Mar, 2008, 01.00 AM IST
- Blackstone profit drops 89% on lower fees, writedown
Blackstone Group LP, manager of the world’s largest leveraged-buyout fund, said fourth-quarter profit fell 89% on lower takeover fees and t...
11 Mar, 2008, 12.17 AM IST
- Wall St sees 20% M&A slump as credit costs rise
Even Goldman Sachs, the world’s leading takeover advisor since 2001, is prepared for a decline in mergers and acquisitions income next year...
18 Dec, 2007, 01.30 AM IST
- Hedge funds see more credit slump
The worldwide slump in credit markets is likely to last for at least another year, triggering a reduction in leveraged buyouts.
30 Nov, 2007, 12.05 AM IST
- Buyouts in Asia to cut down
Buyout firms such as Kohlberg Kravis Roberts & Co may have to wait until the second half of next year to fund acquisitions bigger than $4 b...
10 Oct, 2007, 02.21 AM IST
- Financing woes dim 'golden era'
The ‘golden era’ for leveraged buyouts proclaimed by Henry Kravis two months ago is losing its lustre. Kravis, co-founder of New York-based...
27 Jul, 2007, 02.43 AM IST
- SunGard takes lead with specialised applications
It is not easy being an American IT services company today. Indian companies are eating their lunch and dinner with cheap manpower and expe...
30 May, 2007, 02.40 AM IST
- Pastorini-led group may bid for gold fields
US financier Edward Pastorini may lead a bid for Gold Fields, the world’s fourth-largest gold producer, to tap the rising price of bullion....
12 Apr, 2007, 01.10 AM IST
- Bond street’s fearing a new nemesis: LBOs
The world’s biggest bondholders are determined to make an example of Henry Kravis. Pacific Investment Management and Advantus Capital Manag...
09 Nov, 2006, 02.30 AM IST
- Bondholders suffer as buyout firms gorge on dividends
After Weetabix, the maker of Britain’s best-selling breakfast cereal, fired 7% of its workers and cancelled the employee bus service to fre...
02 Nov, 2006, 03.32 AM IST
- LBO, the smart way to acquire a co double your size
B-School students who graduated in the mid ‘80s got a taste of the country’s first leveraged buyout (or LBO) from clippings of business new...
19 Oct, 2006, 02.56 AM IST
- Leveraged buys gain momentum
Leveraged acquisitions will occupy centre-stage as India, Inc.’s global buyout appetite goes into overdrive.
13 Oct, 2006, 01.44 AM IST
- Leveraged buys gain momentum
Leveraged acquisitions will occupy centre-stage as India, Inc.’s global buyout appetite goes into overdrive.
13 Oct, 2006, 01.44 AM IST
- KKR to arrange $8bn for record leveraged deal
Kohlberg Kravis Roberts (KKR), theworld’s biggest buyout firm, may saddle French yellow-pages publisher PagesJaunes with the highest-ever l...
29 Jul, 2006, 12.20 AM IST