Posts Tagged ‘private equity’

GM Said to Meet German Officials to Discuss Opel Bids

General Motors Corp. executives are scheduled to meet with German officials in Berlin today to discuss competing offers for its Opel unit as the U.S. automaker closes in on a deal, three people familiar with the matter said.
The talks will focus on progress on a stake sale to Magna International Inc., the German government’s preferred [...]

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Huntsman LBO Settlement Gives Banks a Reason Not to Fund Deals

Banks may be less willing to finance takeovers after Credit Suisse Group AG and Deutsche Bank AG agreed to a $1.73 billion settlement of a lawsuit alleging they interfered with the failed leveraged buyout of Huntsman Corp.
“This was signed at the tail end of the heyday, when everyone was blinded by the glory of private [...]

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