Hints and tips:
...Lord Mervyn Davies, Corsair Isn’t this a perfect example of a deal which should be subject to a public interest test which the Department for Business, Innovation and Skills should apply?...
...The two other bidders are from private equity groups Corsair and Centerbridge, and another from Anacap Financial Partners and Blackstone....
...District Court for the Eastern District of Michigan, is Superior Extrusion Inc., a Michigan-based aluminium extrusion company, the statement said.”...
...Among peers, Barclays was up 2.4 per cent to 298.6p and Lloyds Banking Group took on 3.8 per cent to 67.1p, helped by news that private equity group Corsair was weighing up buying the majority of the government...
...JC Flowers, AnaCap Financial and Corsair Capital are sniffing around the retail and business banking operation – codenamed Rainbow – that Royal Bank of Scotland has to sell....
...The group, which has its headquarters in New York, also announced the appointment to its board of Richard Thornburgh, former Credit Suisse First Boston executive and current vice-chairman of Corsair Capital...
...Corsair is in the process of raising a successor fund to the $1bn vehicle it raised in 2007....
...However, aside from the £117m of write-offs announced today, the pre-close highlighted that further restructuring was required at Corsair (c.£60m) and in the UK (c.£20m)....
...In the Mediterranean, Barbary corsairs carried a mix of European and Arab sailors and Turkish janissaries....
...On the downside, Tui Travel lost 11 per cent to 243¼p after its full-year results provided few surprises beyond a writedown against its French airline Corsair....
...The possibility of a sale arose earlier this year when National City raised $7bn in capital, including from buyout firm Corsair Capital....
...With the government whipping up deals for the sector’s weakest, those who pumped $7bn into National City in April, led by Corsair Capital, are fortunate to get out even at this price....
...Efforts to recapitalise the US banking system took a crucial step forward as a group of mutual funds and hedge funds led by Corsair Capital, a little-known private equity firm, prepared to invest $7bn in...
...However, Nat City, which received a $7bn capital infusion in April from a group of investors led by Corsair Capital, said it has the highest Tier 1 capital ratio of all major US banks at 11 per cent....
...National City in April raised $7bn from a group of investors led by the private equity group Corsair....
...National City raised $7bn in May from outside investors led by Corsair Capital, the buy-out firm....
...Corsair’s first deals were in insurance, helping start-up reinsurance firms in particular....
...Efforts to recapitalise the US banking system took a crucial step forward as a group of mutual funds and hedge funds led by Corsair Capital, a little-known private equity firm, prepare to invest $7bn (£3.5bn...
...National City raised $7bn in May from outside investors led by Corsair Capital, the buy-out firm. The company has also cut its dividend twice this year....
...OTPP recently participated in Corsair Capital’s US$7bn recapitalisation of National City. This month it opened an office in New York....
...National City, Ohio’s biggest bank, on Monday confirmed that it would raise $7bn from a consortium led by Corsair Capital after it posted a first-quarter loss....
...Corsair’s $7bn investment in National City bears more risk. Yet, in spite of the consumer credit outlook, a slew of other buy-out investors looks similarly eager to pull the trigger....
...The Corsair stake deal is part of that share offer....
...8.3 per cent fall in pre-tax profit to €385.5m ($1bn) from €420.6m, Michael Frenzel, chief executive, said the riots in cities in France had affected the group’s French tour operators and its airline Corsair...
...Some airlines, such as Corsair, already pack 580 passengers in an old 747 - more than the A380's basic configuration. Welcome to the brave new world of mass air transport. european.comment@ft.com...
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