Ancor Capital Partners has acquired FCA Packaging Products LLC, a Moline, Ill.-based maker of industrial shipping containers. No financial terms were disclosed. William Blair & Co. advised FCA on the sale.
CHICAGO (Reuters) – The sale of the Chicago Cubs baseball team could drag on past May as the Ricketts family arranges financing for its $900 million bid and works for Major League Baseball’s approval. Officials with Tribune Co, which is selling the team, its storied home park of Wrigley Field and a 25 percent stake […]
SAN FRANCISCO (Reuters) – A proposed buyout of eBay Inc’s Skype led by private equity, including Warburg Pincus and Kohlberg Kravis Roberts, and the Web telephone company’s co-founders is unlikely to be completed, the Wall Street Journal cited sources as saying on its blog on Monday. The founders of the service, which eBay bought in […]
NEW YORK (Reuters) – Chrysler’s creditors plan to make a counteroffer to the U.S. Treasury this week, in which they might ask for equity in a firm combining Chrysler with potential partner Fiat SpA (FIA.MI) in exchange for concessions, the Wall Street Journal reported, citing people familiar with the matter. Sources told Reuters on April […]
HONG KONG/SHANGHAI (Reuters) – Macquarie Group Ltd (MQG.AX) is close to launching a trust joint venture in China, where the Australian bank aims to expand its investment business for both individual and institutional clients, sources said on Tuesday. Macquarie will set up the joint venture with Kunming International Trust Co and the Australian lender will […]
FRANKFURT (Reuters) – German department store chain DWW Woolworth GmbH & Co, owned by British investor Argyll Partners, filed for insolvency on Tuesday, a court said. The Frankfurt district court appointed Ottmar Hermann as interim administrator, a court spokesman said. The news comes just months after Britain’s Woolworths, the 100-year-old sweets-to-DVD retailer, went into administration […]
Eric Luftig has joined BMO Capital Markets as a managing director in the firm's leveraged finance group. He previously held senior positions with both GE Capital Markets and CIBC World Markets.
Dominus Capital, a firm formed last year by former members of Quad-C Management, has held a $102.6 million first close on its debut fund, according to a regulatory filing. peHUB had previously reported that the firm is targeting $375 million, with a $500 million hard cap. www.dominuscap.com
Michael Gollner, a former partner of Court Square Capital Partners, has formed a new UK-based firm called Olmeto Capital Partners, according to Dow Jones. No additional information was disclosed.
Wind Point Partners has acquired Hearthside Food Solutions, a Grand Rapids, Mich.-based contract manufacturer of specialty food products. No financial terms were disclosed.