Amanda Janis
A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.
Fortress Investment will pay $2.4bn to acquire Interpool, a provider of global shipping equipment and services.
Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.
John Harris, CFO of The Carlyle Group, will soon leave his position after having spent more than a decade with the Washington, DC-headquartered firm.
Canadian fund of funds manager Kensington Capital has raised $22.7 million in an IPO for its latest fund of funds, the first of its kind in Canada.
A member of New York private equity firm Welsh Carson’s investor relations team, Susan Balloch, has joined Blackstone’s private equity group.
Clear Channel is selling a group of 54 television stations to Providence Equity Partners for $1.2 billion. The media giant is also in agreements to sell 161 radio stations for $331 million.
A member of New York private equity firm Welsh Carson’s investor relations team, Susan Balloch, has joined Blackstone’s private equity group.
Clear Channel is selling a group of 54 television stations to Providence Equity Partners for $1.2 billion. The media giant is also in agreements to sell 161 radio stations for $331 million.
US mobile phone service provider MetroPCS has raised $1.15 billion in its initial public offering – the largest amount raised so far by a US IPO this year and an exit for which some of its investors waited more than a decade.