Banks that agreed to help finance leveraged buyouts are starting to feel the pain from a freeze in the market for risky corporate debt. Lenders including Morgan Stanley, Bank of Ireland Group Plc and Citizens Financial Group Inc. have been forced to self-fund at least...
U.S. buyout fund Lone Star has struck a $1.9-billion deal for hotel chain Unizo Holdings Co Ltd (3258.T), the Japanese firm said on Friday, ending a nine-month bidding war among global investors such as Blackstone Group (BX.N) and Fortress Investment Group. The...
GPs are playing defense and paying off their subscription lines of credit. Private equity firms are increasingly paying off their subscription lines of credit and calling in commitments from investors, leaving some limited partners worried about liquidity. General...
The latest CVC Asia Pacific fundraising exceeds its US$4 billion target CVC Capital Partners, one of the world’s largest private equity and investment advisory firms, is pleased to announce that it has successfully raised US$4.5 billion for its fifth Asia...
iDreamSky Technology Holdings Ltd. and buyout firm CVC Capital Partners are considering reducing their offer to jointly acquire rival gaming company Leyou Technologies Holdings Ltd., according to people familiar with the matter. The suitors are seeking to... 