Hints and tips:
...As part of the deal, backers including Encore Capital Group, a US debt management company, and funds managed by private equity shop JC Flowers & Co, will be able to cash-in on a portion of their investment...
...The lawsuit was eventually settled – earning News Corp a sizeable payout: as directors had been sued, the company’s insurers paid $139m to News Corp under its director and officer indemnity policies....
...Cabot Credit Management, controlled by US debt recovery group Encore and New York-based buyout house JC Flowers, is acquiring Marlin Financial and its £2bn worth of loans for £295m including debt....
...Hedge funds and overseas debt purchase agencies, particularly from the US, including PRA and Encore, are looking to enter the market through acquisition of existing UK operators, Mr Hunt said....
...The unifying themes are simply that Mr Buffett thinks them to be good businesses and, until Heinz, that they have good management already in place....
...ApaTech was backed by Encore Ventures (the former 3i VC business now owned by DFJ Esprit), Healthcor Partners of the US, and MTI of the UK....
...DaimlerChrysler agreed to contribute its 19.9% post buyout stake in exchange for legal indemnity, said the second analyst....
...The sale helped Shinsei avert a second year of missing its earnings target by more than 30 per cent, which would have forced a change of management....
...Some suitors want the whole bank, some want parts, and others just want management control....
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