Cathedral Capital offered for sale by Lloyd's of London. According to reports, Lloyd's of London insurer Cathedral Capital is up on the auction block.
Investors
Glass Lewis Accepts New Merger Terms
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
Bertelsmann to Sell Off RTL
Selling of RTL would allow Bertelsmann to proceed with expansion plans. Media conglomerate Bertelsmann of Germany is projecting a fund raising value of Eur1.
Anhui LDK New Energy sells off assets to the municipal government of Hefei
Anhui LDK Energy's shareholdings in LDK Solar High Tech Hefei has been sold to a subsidiary of the Hefei Municipal Government.
HgCapital Closes Funding Round for HgCapital 7
HgCapital closed HgCapital 7 with a hard cap of GBP2 billion. In announcement, HgCapital said that April 15, 2013 would be the final closing of its newest private equity fund HgCapital 7.
Latest News
John Paulson says that Dish offer is more than just investment, it is also spectrum and synergy. According to hedge fund giant John Paulson, the US$25.
Fairway Market offers 13.7 million shares at US$13 per share totaling US178.1 million. Fairway Market, the high end grocery store chain, has announced the price of its initial public offer of 13.
Atlas Pipeline Partners purchases interests in Eagle Ford field in Texas and Woodford shale field in Oklahoma.
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.
Brookfield Management spin off completed through share dividends. In an announcement today, Brookfield Asset Management Inc disclosed that the spin-off of Brookfield Property Partners L.
Energy Future Holdings has proposed a bankruptcy plan to manage the company's debt. Formerly known as TXU Corp, Energy Future Holdings has presented a pre-formatted bankruptcy case that would restructure its debt of $32 billion but no agreements have been finalized according to the company last Monday.
Haltermann, HIG Europe's unit, has acquired PCL for a new firm. The European arm of private equity firm HIG Capital, HIG Europe, has announced that one of its portfolio companies, Haltermann Holding GmbH had acquired Petrochem Carless Holdings Ltd.
Pine Tree raises nearly US$100 million in new capital funding. The Miami, Florida based private equity firm Pine Tree Equity III, LP disclosed to the public that it was able to close a US$100 million third private investment fund in April 2013.
