Sentences with phrase «private equity shareholders»

«It's wrong, it's unfair, and it's got to stop,» he said, upon announcing closing a loophole for private equity shareholders, subject to a brief consultation.

Not exact matches

Answer and solution: Term Sheet readers are aware that the private equity industry is increasingly facing an inventory problem — viable targets are too expensive, activist shareholders are forcing companies to do PE - style cost - cutting while they're public, and corporate buyers have so much cash they can afford to pay high premiums.

More recently, in late January of this year, Magnetar received another settlement of about $ 11 million, according to regulatory filings, from CEC Entertainment — the operator of Chuck E. Cheese kid - friendly restaurants — which it had sued seeking additional shareholder compensation in CEC's 2014 buyout by private equity firm Apollo Global Management (apo).

Darden said it would buy the restaurant chain from its shareholders including private equity firms L Catterton and Oak Investment Partners.

Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year.

Although Tesla has since accepted more than $ 68 million from VCs and private equity firms, Musk remains the majority shareholder.

In return for its 42 percent stake in Indus Towers, Vodafone will get between 26.7 percent and 29.4 percent of the Indus - Bharti Infratel combine depending on the options two other shareholders in Indus - Idea and private equity Providence - exercise.

According to terms of the deal, shareholders of Indus - Bharti Infratel, Vodafone, Idea and private equity firm Providence - will receive 1,565 shares of Bharti Infratel for every share held.

At Fortune's Brainstorm Tech conference in Aspen in July, investors at private equity firms TPG Capital and General Atlantic — both large shareholders of Uber — said neither of them had marked down their holdings amid the company's turmoil.

They have, after all, shareholders who expect profits to be maximized — whether these holders be public stockowners or private - equity investors.

If the deal goes through, Zappos shareholders will exchange their equity in the private company for shares of Amazon stock.

Dell shareholders are scheduled to cast their vote this week on whether or not they will accept a $ 24.4 billion buyout offer from founder and CEO Michael Dell and the private - equity firm Silver Lake Partners.

(Reuters)- Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year.

He advises clients in a broad range of corporate and commercial matters, including debt and equity financings, private equity and venture capital transactions, mergers and acquisitions, corporate governance, shareholder arrangements, corporate reorganizations and public markets matters.

The country's second largest private hospital operator on Thursday confirmed it received an offer from a consortium led by new private equity firm BGH Capital and major Healthscope shareholder AustralianSuper.

Yet this time around Burger King, backed by its largest shareholder, a Brazilian private equity firm called 3G Capital, plans to locate the holding company that will control the two chains squarely on Canadian soil.

Having previously worked across the corporate governance, equities research, private equity and strategy consulting sectors, Michael now advises ASX boards and senior managers on governance - related matters and in the execution of corporate actions and vote - related company meetings, including shareholder activism campaigns and proxy battles both in Australia and abroad.

Do not become one of the biggest shareholders in a private equity deal unless you really, really believe in it.

Seat Pagine Gialle's 1.2 billion euro debt swap will leave private - equity and public shareholders almost nothing.

If there's not a single buyer that will take on both the assets and liabilities without the government assuming private default risk, Bear's assets should be put out for bid, Bear's bonds should go into default, and by the unfortunate reality of how equities work, Bear's shareholders shouldn't get $ 2 - they should get nothing.

Directors, creditors and shareholders are split over two competing rescue plans — one backed by Alceon, a private equity firm founded by former Babcock & Brown partners Trevor Loewensohn and Phil Green, and one proposed by independent SurfStitch non-executive director, former forensic accountant Abigail Cheadle.

Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders.

Shareholders who wish to participate in the «ongoing upside of the company» will receive shares valued in excess of $ 14.25 as part of the deal, according to the private equity giant.

Earlier, the companies said Kraft shareholders will receive stock in the combined company and a special cash dividend of $ 16.50 per share, financed by a $ 10 billion investment from private equity firm 3G Capital and Berkshire Hathaway.

They emerged as the industry consolidators, using high levels of gearing to pay mind boggling prices for assets (in 2007, APN was the target of a bid by a private equity consortium that was blocked by a shareholder vote at $ 6.20 per share, a decision which cost them a lot.

HOOPP was an initial private equity investor at Teranet's founding, remained the largest shareholder when the company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over bid in 2008; and Ducati Motorcycle Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 billion.

HOOPP was an initial private equity investor at Teranet's founding, remained the largest shareholder when the company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over bid in 2008; Ducati Motorcycle Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 billion; and Novadaq Technologies Inc., a medical devices company in which HOOPP was the largest private investor, with such company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $ 730 million.

Some of the principal shareholders are Private Equity (PEHN 71 -0.7 %) firms.

Moreover, Public / Private equity companies have been known to pay out a large portion of their profits to shareholders, sometimes as much as 100 %.

Mr. Jiwan has served on numerous boards of directors and advisors, including: (i) Future Finance Loan Corporation, a European private student lender that has helped students at over 130 universities fund their education, where Mr. Jiwan is a co-founder and non-executive Chairman; (ii) BFRE, a Brazilian private real estate finance company, which was subsequently sold to affiliates of BTG Pactual; (iii) GP Investimentos, one of Latin America's leading private equity firms, where he served on its shareholder advisory board; (iv) NewPoint Re, a Bermuda - based reinsurance business; and (v) Kaletra QD product development program with Abbott Pharmaceuticals, where he served on the Joint Oversight Committee.

«Shareholders are going to determine how far is up, and at the same time they might be prepared to sell and let the private equity firms take the execution risk.»

Treasury Wine Estates chief Michael Clarke says he has the strong backing of the winemaker's biggest shareholders, as well as private equity suitors circling the group, to embark on an acquisition campaign in the United States and reverse years of drifting by the business.

Mr Clarke told Fairfax Media in an exclusive interview that he had already compiled a «hit list» of acquisition targets in the US, and the deals make sense whether Treasury Wine remains in the hands of current shareholders or is sold to private equity.

Cleaning and catering contractor Spotless Group has put an end to the debate about major shareholder Pacific Equity Partners» stake, saying the private equity firm is free to sell 104 million shares when the market opens on NovembEquity Partners» stake, saying the private equity firm is free to sell 104 million shares when the market opens on Novembequity firm is free to sell 104 million shares when the market opens on November 28.

In the middle of the year, private equity offers lobbed at the front doors of struggling wine group Treasury Wine Estates and compliance and data business SAI Global, and it seemed a sure thing that shareholders were going to be put out of their misery.

United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff by June 30.

Treasury chairman Paul Rayner told shareholders he believed the board had done the right thing in terminating talks with private equity bidders earlier this year, with «clear feedback» from almost every major shareholder that a price of $ 5.20 per share undervalued the company.

Treasury Wine's annual meeting is usually held in late October but was rescheduled months ago on the expectation it would coincide with a shareholder vote on one of the two private equity takeover proposals the company had received.

Treasury Wine Estates chief Michael Clarke says he has the backing of bigger shareholders, and private equity suitors, for an acquisition campaign in the US to reverse years of drifting by the business.

United States private equity firm Kohlberg Kravis Roberts is understood to have made fresh soundings to major institutional shareholders in Treasury Wine Estates as the wine company prepares to cut about 100 staff.

Michael Smith The performance of Treasury Wine Estates over the past year has had more than a few shareholders reaching for the bottle so it should not be a huge surprise that an opportunistic private equity firm has as come knocking.

The 2015 accounts were prepared on a going - concern basis on the understanding the company would continue to be supported by its shareholders, including Sydney - based private equity firm Equity Partners, Singapore - based Crescent Point and Shaw Investments, a company associated with chief executive Brendanequity firm Equity Partners, Singapore - based Crescent Point and Shaw Investments, a company associated with chief executive BrendanEquity Partners, Singapore - based Crescent Point and Shaw Investments, a company associated with chief executive Brendan Shaw.

The Eagle Boy's largest shareholder is Brisbane - based private equity firm NBC Capital, which acquired an 85 per cent stake in the company from founder Tom Potter in 2007.

Yacob, 63, was the only candidate deemed eligible to run in the country's Elections Department after the other two contenders, Salleh Marican and Farid Khan, were both denied eligibility, having fallen short of a constitutional rule that required any candidate from the private sector to have led a company with shareholder equity of at least 500 million Singapore dollars (372 million dollars).

In fact, Leonard Riggio himself, with his approximate 18.0 % equity stake in the Company, could seek to take the company private in a leveraged acquisition at a fair price for public shareholders, as he had publicly sought to do back in 2013.

Corporate Class Dividends paid on February 22, 2017Bridgehouse Corporate Class Inc. paid eligible dividends for the Greystone Canadian Equity Income & Growth Class and Sionna Canadian Equity Private Pool to shareholders of record at the close of business on Tuesday February 21, 2017.

Corporate Class Dividend Estimates as of February 21, 2017Bridgehouse Corporate Class Inc. has declared ordinary dividends to shareholders in the Greystone Canadian Equity Income & Growth Class and Sionna Canadian Equity Private Pool payable on February 22, 2017 to shareholders of record at the close of business on February 21, 2017.

Limited Partners (LPs) of Private Equity LP tend to pay much higher promotes to General Partners (GPs) than do Fund shareholders.

Private equity would also be interested, especially today, but shareholders wouldn't be rewarded enough as private equity would want the upside of the cost cuts and restrucPrivate equity would also be interested, especially today, but shareholders wouldn't be rewarded enough as private equity would want the upside of the cost cuts and restrucprivate equity would want the upside of the cost cuts and restructuring.

This was never a good deal for Rite Aid shareholders as the price was low and there was going to be a constant overhang of private equity shares depressing the share price.