Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.
Sectors
Cerberus aims for higher stake in Japan's Seibu
Cerberus Capital Management LP is pursuing its bid for greater control of Japan's Seibu Holding as it tries to increase its stake to 44.7 from 32.4 percent.
Cerberus Capital Management Seeking to Increase Shareholdings
Private equity firm Cerberus Capital Management is seeking to increase shareholdings in Seibu Holdings.
Private equity industry faces new challenge as investors go direct for deals
The private equity industry is facing a new challenge with investors, to avoid the hefty fees being charged by private equity firms, directly buying stakes in companies or go into co-investments.
LCI Holdco Asset Sale Upheld
The bankruptcy court upheld the sale of assets of LCI Holdco LLC despite IRS opposition. The federal court with jurisdiction over the bankruptcy case of LCI Holdco LLC has approved the sale of the assets of the company to Hospital Acquisition LLC.
Latest News
The issuance of the Barclays CoCo bonds defies critics and conventions. Barclays new CoCo bond has defied naysayers with its pricing for its ten-year-non-call five issue deemed hard to sell in the US market.
Deutsche Telekom board considering modifying offer on merger terms between T-Mobile USA and MetroPCS Communications.
CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
Global investment banking services showed its strongest annual start in two years with fees rising by six percent in the first quarter.
German Deutsche Telekom plans to amend the terms of a proposed merger between its T-Mobile USA and MetroPCS Communication, a local company, sources said.
Cyprus’ action scares depositors Inflicting losses on deposits at Cypriot banks could drive investors across the world to pull their money from banks in other countries, according to Carlyle Group co-chief executive David Rubenstein.
Harvard can keep its above-average returns with its strategy of investing into hedge funds, private equity and real assets, according to the head of its investment arm.
A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.
Italian fashion house Versace plans to accept outside investments to fund expansion in overseas market such as Asia.
