The leveraged buyouts in Europe are surging as US distress investors purchase existing bank loans at steep discounts and move to take over the companies by exchanging their debt for equity in "loan-to-own" deals in the wake of the financial crisis.
Breaking News
Billabong gets an unsolicited refinancing offer a day after it accepted a rescue package from Altamont Capital Partners and GSO Capital Partners.
Three private equity firms have gone through to the second round of bidding for R&R Ice Cream
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