Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold.
Centerbridge Partners
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Sources stated that Extended Stay Hotels is preparing for an IPO later this year.
Focus Financial Partners stated that Centerbridge Partners agreed to invest US$216 million in a deal that was expected to close in third quarter.
Centerbridge Partners, which previously extended its offer to buy P.F. Chang's China Bistro Inc three times, said 83.7 percent of the restaurant chain's shares had been tendered when the offer expired
P.F. Chang's China Bistro Inc, which has been fighting to recover from ill-timed price increases, said it would go private in a $1.1 billion deal with Centerbridge Partners, sending its shares up 30 percent.
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