Hints and tips:
...The two-step gambit is made possible by the Lone Star state’s divisional merger law, which — unlike every other US state excluding Delaware — defines a merger to include “the division of a domestic entity...
...Lone Star, Apollo and Asda declined to comment....
...The Boston-headquartered group was on campus that year seeking recruits to build its business in the Lone Star state....
...That makes this deal different from the rescues over the past two years of Germany’s HSH Nordbank by US private equity groups led by Cerberus and JC Flowers, and of Portugal’s Novo Banco by Lone Star of...
...Lone Star was selected in January as the best-placed bidder in a second effort to find a buyer....
...Kildare joins the likes of Lone Star, Blackstone and Oaktree Capital, who have for years raised capital to invest in European property....
...Lone Star, which owns and manages 8,200 residential loans in Ireland, says “legal enforcement is pursued as a last resort”....
...As the industry scrambled to respond to the piracy epidemic, “we were a handful of lone voices, crying out in the wilderness about streaming and digital transformation,” he says....
...Last year, Starwood Capital, a private equity group, snapped up two main properties in Warsaw; Lone Star spent €160m on a 28 per cent stake in regional player Globe Trade Centre; and Blackstone bought a...
...Last year, about €64bn of loan portfolios across Europe were acquired by buyers such as Lone Star, Apollo Global Management, Cerberus and Centerbridge....
...Lone Star and its peers have benefited as banks have come under pressure from regulators to sell assets to boost their capital ratios....
...Private equity groups focused on buying the debt of troubled companies or assets, such as Lone Star, Oaktree Capital Management, Sankaty and Apollo Global Management, have started to snap up deals from Ireland...
...Lone Star declined to comment on the Osaka case....
...It began to seek buyers in August, and people close to the process said that Lone Star, Apollo and the debt funds of TPG and Bain Capital had all shown interest....
...Given the close relationships with the two banks as well as their individual star bankers, Verizon worked with all four of them on the deal....
...US real estate investment firms, including Blackstone, Lone Star and Starwood Capital, have expressed interest in buying all or part of Eurohypo in the UK, according to several people familiar with the process...
...Several other big private equity firms have recently invested in Ireland including Kennedy Wilson, Blackstone and Lone Star....
...Groups such as Apollo, Oaktree, Lone Star and Blackstone have set up teams or even raised dedicated funds to buy distressed assets from the lenders....
...A month earlier, Allied Irish Banks sold a €650m portfolio of non-performing Irish commercial property loans to Texas-based investment funds company Lone Star at a discount of almost 60 per cent last month...
...The more active players in the market – often called distressed debt funds – include Apollo Global Management, Lone Star Funds, Oaktree Capital Management and Blackstone....
...Last month Lone Star, the Texas-based private equity group, bought a €660m portfolio of AIB loans at a discount of about 60 per cent....
...Kennedy Wilson and Lone Star also bid for the Lloyds portfolio being bought by Apollo, according to Irish media. Apollo was founded in 1990 by Leon Black, a former Drexel Burnham Lambert banker....
...ResCap rejected a separate bid from Lone Star, another investment company, to become a stalking horse bidder. Berkshire did not respond to requests for comment....
...Bi-Lo, which is owned by Lone Star, will pay cash to acquire all the outstanding shares of Winn-Dixie in the deal, which was announced on Monday....
...Lloyds Banking Group has entered exclusive talks with Lone Star, the US private equity group, over the sale of £900m of distressed property loans....
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