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Steward to Become Largest Privately-Owned For-Profit Hospital Operator in the U.S. BOSTON, May 19, 2017 — Steward Health Care LLC (“Steward”) and IASIS Healthcare LLC (“IASIS”) today announced they have entered into a definitive agreement to merge their operations. The transaction will make Steward the largest private for-profit hospital operator in the United States with … Read more

HOUSTON, May 18, 2017 — Keane Group, Inc. (“Keane”) announced that it has entered into an agreement to acquire RockPile Energy Services, LLC (“RockPile”), a provider of high-quality completion services. Once completed, the transaction will result in an increase in the size of Keane’s fleet, one of the largest and most modern pressure pumping fleets … Read more

Realignment Reflects Global Footprint and Diverse Investment Strategy NEW YORK, April 27, 2017 — Cerberus Capital Management, L.P. (“Cerberus”) today announced that it has realigned its real estate platform by combining its domestic and international capabilities to help facilitate cross-border and cross-asset class cooperation. As a result of the realignment, Lee S. Millstein, currently Cerberus’ Head … Read more

NEW YORK, April 6, 2017 — Cerberus Capital Management, L.P. (“Cerberus”) held its final close for Cerberus Institutional Partners VI, L.P. (“CIP VI”), raising $4 billion of commitments for its sixth flagship multi-strategy fund. CIP VI reached its hard cap with commitments from more than 150 investors globally, including public and corporate pension plans, endowments … Read more

NEW YORK, April 4, 2017 — Cerberus Business Finance, LLC, the direct lending affiliate of Cerberus Capital Management, L.P. (“Cerberus”), announced today that Andrew Woolford will join the firm as a Managing Director in its New York office, starting in May 2017. In this role, Mr. Woolford will manage Cerberus Business Finance’s capital markets activities, … Read more

Launch of My Money Bank Follows Cerberus’ Acquisition of GE Money Bank NEW YORK and PARIS, March 28, 2017 — Cerberus Capital Management, L.P. (Cerberus) today announced the creation of My Money Bank, an independent French bank consisting of the former GE Money Bank operations in mainland France and the French Overseas Territories (the DOMs). The … Read more

VIENNA, March 9, 2017 – Anas Abuzaakouk, currently CFO of BAWAG P.S.K., has been appointed Co-CEO with Byron Haynes by the Supervisory Board effective as of March 8, 2017. After ten years working to successfully transform the Bank, Byron Haynes has decided to retire from BAWAG P.S.K. and will remain as Co-CEO through the end … Read more

VIENNA, March 8, 2017 – BAWAG P.S.K. today announced that the Bank’s Supervisory Board has appointed Mr. Manuel González Cid as new Chairman of the Supervisory Board of BAWAG P.S.K. effective as of March 8, 2017. He succeeds Franklin W. “Fritz” Hobbs, who has been Chairman since March 2013. Fritz is retiring after four successful … Read more