KKR defies the credit crunch with surprise £7.5bn flotation July 28, 2008 The legendary firm of New York buyout experts insists that going public is the best strategy Kohlberg Kravis Roberts, the fabled US private equity group, is to go public in a deal which will see it merge with one of its listed funds and float on the New York Stock Exchange. KKR, whose founders include [...]
Signet moves share listing to New York July 11, 2008 Jewellery giant Signet Group yesterday announced it would move its primary listing to the New York Stock Exchange, as part of a raft of changes to focus its business on the American market. The jeweller, which owns the H Samuel and Ernest Jones chains in the UK, said it hoped to complete the move – [...]
JC Flowers seals Refco futures deal October 19, 2005 American hedge fund Refco has thrashed out a deal to sell its core futures brokerage to a consortium led by JC Flowers and has decided to put the rest of the company into Chapter 11 bankruptcy protection. The beleaguered company agreed heads of terms for a $768m (£440m) deal to sell the division yesterday. Also [...]
Advisers in all night Refco talks October 17, 2005 Refco held a second day of weekend meetings yesterday as a group of about 50 advisers gathered in New York in an effort to salvage the disgraced group’s regulated futures brokerage arm and determine the fate of its ailing operations. The advisers had begun emergency meetings on Saturday that stretched late into the night to [...]