The Deal
Tuesday, November 24, 
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Entries tagged "Ripplewood"

Bain in $445M deal for D&M

U.S. private equity firm Bain Capital Partners LLC has agreed to buy Tokyo-listed audio and video equipment maker D&M Holdings Inc. for ¥48 billion ($445 million), the target said Friday. ...


Ripplewood may make waves in bond insurer pool

Private equity firm Ripplewood Holdings LLC may be looking to dive into the troubled bond insurer sector. According to a Wednesday New York Post report, the firm is considering the launch of a bond insurance business. Discussions to start a monoline are in very early stages and may not materialize, the report added. When The Deal contact Ripplewood, a spokesman declined to comment. ...


Delta's defense

Delta Airlines Inc. continues to ramp up its defenses against hostile, would-be acquirer US Airways Group Inc. The bankrupt carrier said Tuesday it had secured a $2.5 billion exit financing package from six institutional lenders, enough to pay back $2.1 billion in existing DIP loans, to cover additional expenses and to have a little pocket cash. But it is up to Delta's creditors whether the carrier will fly solo or begrudgingly join forces with US Air, which, according to the published reports, is willing to sweeten its offer for the rival to $10.8 billion. US Airways has asked creditors by...



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Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.



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