13 result(s) displayed (1 - 13 of 13):
Defense contractor Northrop Grumman Corp. (NYSE:NOC) said Sunday it is selling its military intelligence unit Tasc Inc. for $1.65 billion in cash to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.In a similar deal last year, Carlyle Group paid $2.5 billion for...
Posted on November 8, 2009 5:47 PM
The music joint venture of German media group Bertelsmann AG and Kohlberg Kravis Roberts & Co. made its first acquisition, buying Los Angeles' Crosstown Songs from the investment arm of Cargill Inc. Crosstown has a catalog of more than 8,000 songs, which it says has a value of about $80...
Posted on July 24, 2009 9:50 AM
On March 5, Anheuser-Busch InBev said it would divest about $7 billion worth of assets to deal with short-term debt after the November Euro-U.S. merger of InBev SA and St. Louis-based Anheuser-Busch Cos., which created the world's No. 1 brewer. It's full debt load after the deal was $45 billion.Most...
Posted on July 1, 2009 9:14 AM
AT&T Inc. (NYSE:T) won an auction for certain wireless assets from Verizon Wireless for $2.35 billion in cash. Verizon was forced to sell as part of a regulatory agreement regarding its $28.1 billion acquisition of Alltel Corp. in January.AT&T will acquire wireless properties, including licenses, network assets and 1.5...
Posted on May 11, 2009 8:36 AM
Chen Fashu, ranked 31 on Forbes' list of the 400 richest Chinese last year, bought a 7% stake in Tsingtao Brewery Co. Ltd. for $235 million. Anheuser-Busch InBev NV sold the last of its stake in China's biggest brewer as it tries to shrink $45 billion of debt incurred from...
Posted on May 8, 2009 9:10 AM
As Anheuser-Busch InBev NV reported strong first-quarter earnings but warned against a rough year ahead, the beer giant said it sold No. 2 South Korean brewer Oriental Brewery to Kohlberg Kravis Roberts & Co. for $1.8 billion. The private equity firm beat out rivals Affinity Equity Partners and MBK Partners...
Posted on May 7, 2009 4:10 PM
At the beermaker's annual meeting Tuesday, Anheuser-Busch InBev NV chief executive Carlos Brito gave a nod to the value of tradition. He said New York will not be the company's new headquarters as the brand would lose value if it shifted from Leuven, Belgium, where it has more or less...
Posted on April 28, 2009 4:22 PM
To reduce some of the $5 billion in debt it took on after a $52 billion acquisition of Anheuser-Busch Cos., InBev SA put Oriental Brewery, the No. 2 South Korean brewer, up for sale. It looks like private equity firm Kohlberg Kravis Roberts & Co. is the preferred bidder,...
Posted on April 27, 2009 8:17 AM
South Korean conglomerate Lotte Group quenched its thirst for the increasingly popular South Korean liquor soju, acquiring Doosan Corp.'s liquor business for W503 billion ($383 million) in January. Now it wants Anheuser-Busch InBev NV's South Korean beer unit, Oriental Brewery Co., for about $2 billion to $3 billion. But...
Posted on April 14, 2009 8:27 AM
Understanding how private equity works is an increasingly important part of being a successful corporate dealmaker.
Posted on August 15, 2007 7:45 PM
Read about Sara Lee's Thomas Hansson; Sprint Nextel's Jack Dziak and more corporate development appointments.
Posted on April 15, 2007 2:22 AM
Seven Network and KKR announced the creation of Seven Media, a JV that will hold Seven Network's television, print and online businesses.
Posted on February 15, 2007 11:32 PM
How Royal Philips got a surprisingly rich price for its semiconductor unit from a private equity consortium.
Posted on December 15, 2006 8:54 PM
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