Charterhouse seeks dividend payout from Card Factory – Reuters

By Reuters News — 2 years ago

British greetings card retailer Card Factory is seeking to raise 165 million pounds ($259.41 million) to pay a dividend to private equity owner Charterhouse instead of a stock market flotation or sale, writes Reuters. Charterhouse acquired Card Factory in 2010 backed with 185 million pounds of leveraged loans, writes Reuters.

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Reuters – Charterhouse’s Vivarte Breaches Loan Terms

By Reuters News — 3 years ago

French clothing retailer Vivarte, owned by private equity firm Charterhouse, has breached the terms on 3.43 billion euros ($4.51 billion) of loans, writes Reuters. Charterhouse bought Vivarte in 2007 backed by the 3.43 billion euros of loans and in May last year it conducted an amend and extend of its loan facilities, pushing out the maturity of its debt by two years, according to Thomson Reuters LPC data.

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Reuters – Douglas, Fosun to bid for French perfume chain Nocibe

By Reuters News — 3 years ago

French perfume and cosmetics retailer Nocibe has received expressions of interest from German perfume-to-books retailer Douglas Holding and from French private equity firm LBO France in an alliance with Chinese conglomerate Fosun, French daily Le Figaro said, writes Reuters. The seller, British private equity group Charterhouse, has pushed back the deadline to enter firm offers to the end of June, the paper said, writes Reuters.

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