Hints and tips:
...Andrew Goodwin: One of the hidden transmission mechanisms is through local government finances....
...This article has been amended since first publication to show correct figures for the chart labelled “Traditional v online TV”. Back to the top of the page...
...It has also invested in the debt of Allison Transmission, Freescale Semiconductor and Realogy Group, buyout deals led by KKR’s rivals. To finance the acquisition, KKR plans to issue 100m new shares....
...Among the gainers, transmission developer Torotrak added 28.1 per cent after key customer Allison Transmission agreed to renew an exclusive licence for its technology as well as increasing its stake....
...Transmission of the US....
...After losing big backers such as Toyota, General Motors and Ford, Torotrak’s new sugar daddy – US automatic transmissions maker Allison – handed over £4.5m in licence and engineering service payments last...
...Allison plans on putting the proceeds to continuing to grow in developing markets such as India and China, where few buses use automatic transmissions....
...They have been behind two deals, Allison Transmission and the upcoming sale of Aleris, an aluminium products producer, respectively....
...But last week’s debut of Allison Transmission, which produces engine components for large vehicles, was successful, with the number of shares sold expanded after strong interest during the company’s investor...
...Allison Transmission, backed by Carlye and Onex Corporation, is up 6 per cent to $24.71. As a result, more large IPOs are on the way....
...Allison Transmission, a Carlyle Group-backed maker of automotive systems, raised $690m earlier this month in a deal that saw investors demand additional shares, despite a leverage ratio of 4.5 times net...
...The largest US IPO of the year, the $690m raised by Allison Transmission, is the only US deal that ranks among the top five so far in 2012....
...Allison Transmission, a private-equity owned builder of transmissions for commercial trucks and military vehicles, is planning an IPO for later this year, reports the FT....
...In keeping with the nameless spirit of their movement and to guard against lawsuits, they picked a uniform disguise – Guy Fawkes masks like those used in the movie V for Vendetta....
...They are primarily owned by private-equity firms, taken private during the credit boom, and include Avaya, the telecoms group; Allison Transmission, the automotives group; and Toys R Us, the retailer....
...Allison has since taken a large stake in Torotrak, the UK-based manufacturer of speciality transmissions....
...BrightSource Energy, a solar power company, is anticipated, as are private-equity backed companies such as Dunkin Donuts, and autos groups Allison Transmission and Delphi Automotive....
...Its investments include Allison Transmission, a former unit of GM that the carmaker sold to the group and Canada’s Onex Corp in 2007 for $5.6bn as it was shedding non-core assets....
...General Motors has agreed to sell Allison Transmission, an Indianapolis-based maker of transmissions for commercial trucks and military vehicles, to two private-equity firms for $5.6bn....
...Wall Street firms postponed a debt sale of $3.1bn in loans to pay for the buyout of General Motors’ Allison Transmission unit by private-equity firms, the Wall Street Journal’s Heard on the Street column...
...Banks were reassured by the strong demand for two recent LBO-related bond issues from Allison Transmission, the motor parts supplier....
...This week, banks funding the sale of Allison, a transmissions business, were able to sell $1bn of loans tied to the deal at 96 cents on a dollar....
...Carlyle, which agreed to buy GM’s Allison transmission unit last month for nearly $6bn, is paying $175 a share in cash for Sequa, or a 54 per cent premium over its closing share price on Friday....
...Blackstone is among the private equity suitors in pursuit of General Motors’ Allison Transmissions unit, as interest heats up in GM, reports Reuters....
...The carmaker agreed to sell its Allison Transmission commercial and military business for about $5.6bn to the Carlyle Group and Onex Corp, two private equity firms....
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