by Sebastian | Nov 6, 2020 | News
Two private equity firms are betting that recently proposed acquisitions of publicly traded companies will enable them to replicate the sweet success enjoyed by other firms that have come before them. Last week, Clearlake Capital Group said it would acquire Endurance...
by Sebastian | Nov 6, 2020 | News
Hertz Global Holdings today announced that it has secured commitments for fleet financing totaling $4 billion and has filed a motion for approval of The Hertz Corporation entering into the documentation for the financing by the U.S. Bankruptcy Court for the District...
by Sebastian | Nov 6, 2020 | News
There’s a lot to be said for a business staying private. Business founders and owners who stay in control are free to take the company in any direction they want. If they have any shareholders, they are likely to be few in numbers and so there is less kowtowing to be...
by Sebastian | Nov 6, 2020 | News
Debt sales for Blackstone Group Inc.’s acquisition of Ancestry.com Inc. and Centerbridge Partners’s purchase of American Bath Group LLC are among offerings that could kick off in the coming weeks if the tone in credit markets remains positive, according to people with...
by Sebastian | Nov 6, 2020 | News, UKPEC
Apollo Global Management is drawing up a bid for William Hill’s betting shops and other non-US assets once the bookmaker’s takeover by Caesars Entertainment goes through. The private equity firm, which wants to back the incumbent management, had originally approached...
