PE Firms Face Growing Scrutiny over Valuations
How fund managers establish, govern, and carry out their valuation process will be increasingly important to PE stakeholders in the next few years.
‘Shadow Banking’ Saddled With Undeserved Poor Image
Alternative lenders are an increasingly important source of capital and could be a vital lifeline during a recession, Paul Hastings attorney says.
Easy Money? Private Capital’s Drawbacks
Private capital providers are fighting to finance middle market firms. But finance chiefs should proceed with caution.
Red Robin Rebuffs Activist’s $519M Buyout Offer
The struggling restaurant chain said its strategic plan is a better option for long-term shareholder value than Vintage Capital's offer.
When the International Tail Wags the Domestic Dog
Seemingly minor overseas issues can significantly affect a restructuring or distressed-sale transaction by a U.S. parent company.
Shutter Maker Files Chapter 11 With Sale Plan
American Home Products has accepted a "stalking horse" bid for its assets, which include the Louver Shop and Danmer brands.
Apollo Adds French Stores to Grocery Assets
The $529 million acquisition of 32 stores from Casino Group comes less than a week after the private-equity firm bought Smart & Final.
Campbell Soup to Sell Bolthouse Farms for $510M
The sale will complete Campbell's exit from fresh foods, which were supposed to offer faster growth than its soups and other packaged products.
PE Group to Acquire U.K.’s Inmarsat for $3.4B
The satellite operator has been investing in inflight wifi for planes amid increasing competition in its core maritime communications business.
The Link Between Divestitures and Share-Price Malaise
An extensive study counterintuitively reveals that a majority of divestitures are accompanied by lagging stock performance for the divesting firm.
Luring Private Equity to Your Divestment Deal
Private equity bidders can accelerate a deal's time to close and boost the multiple, says EY. But how do you keep them at the table?