Oaktree Capital Management and other lenders are close to striking a deal with Providence Equity Partners to take control of the security company that vetted former spy agency contractor Edward Snowden, the New York Post reported.
The US Bankruptcy Court for the District of Delaware approved the USD280 million bid of KPS Capital Partners for Missouri-based bankrupt company Furniture Brands International.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
Furniture Brands International Inc. won an approval for bankruptcy financing in a hearing held today at Wilmington, Delaware.
The sale of European vending machine business Selecta is under threat after owner Allianz Capital Partners deemed two offers for the business as too low