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Matalan draws buy-out groups
Five heavyweight private equity groups are among the first-round bidders for Matalan, the privately owned discount clothing
Lloyds' CoCos prove popular
Advisers for Lloyds Banking Group are expected to announce a successful take-up for the first part of the state-owned banking group's £22.5bn ($37.1bn) capital raising, ahead of a shareholder vote on Thursday.Investors are expected to have subscribed...
Rockspring buys distressed RBS assets
...defaulted, or where the borrowers are having difficulties in paying the interest owing to tenant problems. RBS and Lloyds Banking Group, now carrying the former HBOS real estate loan book, account for close to half the £225bn of outstanding UK property loans...
Blacks Leisure set for deal to escape administration
...trading conditions. It needs to stop paying rent for the shops to meet a restructuring arrangement with its lender, Lloyds Banking Group. Lloyds agreed to freeze the retailer's banking covenants in September after Blacks warned it would breach them. "I think in...
BBVA set to raise Chinese bank stake
Spain's BBVA is set to invest a further €1.1bn ($1.6bn) to lift its strategic stake in China Citic Bank and cement its
Regulator's torch to light up dark pools
...trades (defined by the SEC as valued above $200,000), allowing institutional players to keep their own means of price and size discovery, away from the general public markets. Institutional investors see a need for revamping oversight of dark pools, although...
Telecoms groups stand firm on UK regulation
Deutsche Telekom and France Telecom have signalled that they are unwilling to make concessions to competition regulators who
Hochtief infrastructure listing bucks trend
German construction group Hochtief will float its infrastructure...Leighton, a leading Australian construction group that is listed in Sydney and has a...airports business generated the bulk of the group's net profit of €40.8m in the first...
Hedge funds plan onshore versions
...already done so, according to HedgeFund Intelligence, a research group.A fifth of European hedge fund managers have launched, or are...series of high-profile managers, such as Brevan Howard, Man Group and Marshall Wace have unveiled Ucits funds since 2007, allowing...
BBVA confident of China mission
...increase to 15 per cent.● Deutsche Bank - Huaxia BankGerman group set to raise its stake to 17 per cent.● ANZ - Tianjin City...and is creating a regional mergers and acquisitions advisory group.As well as China, Mr Galatas sees growth opportunities in project...
