Posted on: October 29, 2009 by PEHub AdministratorNo Comments »
LONDON (Reuters) – Hedge fund Och-Ziff (OZM.N) has emerged as the buyer of TPG’s [TPG.UL] stake in British department store chain Debenhams PLC (DEB.L) after the U.S. buyout firm made its exit from the business earlier this week. Och-Ziff, one of the world’s largest hedge fund managers, said in a regulatory filing on Thursday it [...]
Posted on: October 28, 2009 by PEHub AdministratorNo Comments »
LONDON (Reuters) – U.S. buyout house TPG sold its stake in Debenhams Plc (DEB.L) to an unnamed hedge fund, a source familiar with the situation said on Wednesday, netting some 100 million pounds ($163.7 million). TPG [TPG.UL] sold its remaining stake of more than 120 million shares — some 9 percent of the department store [...]
Posted on: June 3, 2009 by PEHub AdministratorNo Comments »
LONDON, June 3 (Reuters) – British department stores group Debenhams (DEB.L) plans to raise over 300 million pounds ($499 million) on Thursday in a placing and open offer of new shares, two sources familiar with the matter told Reuters on Wednesday. One source said the fundraising was likely to be priced above 75 pence a [...]
Posted on: May 10, 2009 by PEHub AdministratorNo Comments »
LONDON (Reuters) – Debenhams Plc (DEB.L), Britain’s second-biggest department store group, is working on plans to raise up to 500 million pounds ($733 million) in a rights issue in the next few weeks to cut its 927 million pounds debt pile, the Financial Times said. The newspaper said on Saturday that Debenhams was looking to [...]
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So really Steve, the title of your articles should have read: “How VCs are killing Silicon Valley”, and I’d wholeheartedly agree. Especially since their thesis determines what can be discovered (Einstein).
Georges
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PRESS RELEASE
Safeguard […]
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David M. Toll posted an update in the group 
Emerging Managers 3 hours, 11 minutes ago
Get your handy guide to LPs with emerging manager allocations http://scr.bi/yOwBFf
