| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "Blackstone Group LP"Dollar General, Rue21 today. Toys 'R' Us next?The successful IPOs of PE-backed retailers Dollar General, Rue21, Vitamin Shoppe and Dollarama will likely encourage more PE portfolio companies to go public. KKR-backed Toys "R" Us is a candidate, says Howard Davidowitz. Wall Street to cash in on dismantling AIGBy helping restructure American International Group, Wall Street banks and lawyers are poised to get around $1 billion. Fortress second-quarter earningsFortress Investment Group's second-quarter earnings tell the tale of an industry that is just barely getting back on its feet. It's 'do or die' for 2007 class of SPACsThe clock is ticking on the SPACs that went public in 2007 to do a deal or face liquidation. Nationalize PE? Bloomberg voices the absurdBloomberg's London-based columnist Matthew Lynn is so concerned about LBO debt that he suggests some startling prescriptions to avoid a meltdown. Looking for a buyer WaMu goes to private equity hat-in-handWashington Mutual Inc. is once again approaching private equity firms hat in hand. The Seattle, which already sold a stake itself to TPG Capital this year, is now hoping that another buyout shop will help it stave off its failure with a purchase of the entire bank.... PE firms turn back on InformaBusiness-to-business publisher Informa plc Friday lost a consortium of private equity suitors, illustrating the valuation chasm between targets and institutions stumping up the funds for leveraged buyouts. Informa had earlier this month rejected Providence Equity Partners LLC, Carlyle Group and Blackstone Group LP's £3.13 billion ($5.7 billion) bid, but the consortium's 14 banks were unwilling to back a higher bid. The lenders had forced the consortium to cut their proposal to 450 pence per share, which values Informa's equity at £1.9 billion, from the 506 pence indicative offer made public in early July. Investors had already worked out that... Informa pays the priceIt was an expensive no. A day after business-to-business publisher Informa plc rejected a cut-price 450-pence-per-share bid from a realigned grouping of Providence Equity Partners Inc. Carlyle Group and Blackstone Group LP, investors drove down its stock. By midafternoon Friday, shares were down 6.9%, at 386 pence.... Blackstone puts money in European wind farmBuyout shop Blackstone Group LP on Tuesday unveiled an alliance with a German investment company to build a wind farm in the North Sea costing more than €1 billion ($1.6 billion). The "Meerwind" project, developed with Windland Energieerzeugungs GmbH, will host 80 wind turbines with the capacity to generate 400 megawatts, the firm said in a statement. Upon its completion, the project will generate 1.6 billion kilowatt hours annually. Blackstone did not state how much it would invest in the project. ... Chemtura ends sale talksChemtura Corp. has ended talks on a potential sale of the company. Middlebury, Conn.-based Chemtura, which makes chemicals, as well as crop protection and household products, announced in December that it had hired Merrill Lynch & Co. to advise on a possible sale. ... Avista takes a beating on Star Tribune investmentThings continue to get ugly for the Star Tribune Co., as its private equity backer Avista Capital Partners took a 75% write-down on its $100 million stake in the Minneapolis-St. Paul newspaper.... Markets shift in reverse, dragged down by financial Deal StocksMost Deal Stocks in the banking sector were driving in reverse despite Citigroup Inc.'s [C] plan to sell $12 billion in commercial high-yield loans to private equity firms. The possible sale follows Washington Mutual Inc.'s [WM] $7 billion capital infusion on Tuesday. Look for more deals to be consummated in the banking sector as financial institutions look to strengthen themselves in this gloomy economic atmosphere. Overall, the Dow was trading down 70.18, or 0.56%, to 12,506.26 in Wednesday midday trading while the Nasdaq was also down 25.54, or 1.09%, to 2,323.22. Here's a closer look at the performance of Deal... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Blackstone Group LP." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatchThe Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
