Entries tagged "3i Group"
Bank layoffs are not only hurting Wall Street, but also New York state as a whole. The financial crisis could lead to 225,000 layoffs in New York City, and that could cost the state and city $6.5 billion in tax revenue over the next two years, New York state Comptroller Thomas DiNapoli said to The Associated Press. Compounding the problem for the state, employers expect to slow their hiring over the next three months through March, according to a survey by Manpower. Here are some of the latest financial layoff rumors and reports both in New York and elsewhere....
3i Group is selling Ambea for as much as $1.4 billion
Western private equity firms will be doing plenty of globetrotting over the next decade judging by the number of overseas-focused investment vehicles they've been raising. This week alone new funds targeting Asia-Pacific, Africa, and Eastern Europe have all closed....
Stay tuned to The Deal.com and Deal International for updates on these stories and more. E.ON, former Endesa rivals seal deal The world's largest ever takeover of a power company draws to a close as E.ON AG finally agrees on a $18.6 billion price in a compromise deal with the new owners of Spanish utility Endesa SA. Punch retreats from MitchellsPunch Taverns plc pulls a $3.1 billion offer for Mitchells & Butlers plc but says it may team up with PE bidders to make a lower bid. Fortune, Investor vie for Absolut Fortune Brands Inc. and an all-Swedish consortium...
