Uncategorized

Newly combined private company will operate 2,230 grocery stores in 34 states and the District of Columbia BOISE, ID and PLEASANTON, CA, Jan. 30, 2015 — AB Acquisition LLC and Safeway Inc. (NYSE: SWY, “Safeway”) announced today that they have completed their proposed merger. Under the terms of the merger agreement first announced and unanimously … Read more

LONDON, December 16, 2014 — The Royal Bank of Scotland Group plc (RBS) announces today the agreement to sell a portfolio of Irish real estate loans to an entity controlled by Cerberus. At completion, RBS will receive cash consideration of up to £1.1 billion* at current exchange rates. Completion is expected in the first quarter … Read more

COPENHAGEN, DK, December 11, 2014 — On 1 October 2014, Finansiel Stabilitet initiated an open and transparent sales process directed towards qualified investors with the aim of divesting a large customer portfolio. The portfolio consists of approximately 360 group customers with loans and credit facilities totaling approximately DKK 7.5 billion. Finansiel Stabilitet has entered into … Read more

VAN BUREN TOWNSHIP, Mich., Dec. 1, 2014 — Visteon Corporation (NYSE: VC) has completed the sale of its interiors operations in India to Reydel Automotive Holdings B.V. The transaction is part of the previously announced divestiture of the majority of Visteon’s interiors business to Reydel. Other interiors transaction closings with Reydel are expected to be … Read more

Represents second transaction in three-phase exit strategy; 90 percent of interiors business now under contract, offer or sold First transaction – sale of Duckyang shares – now completed In line with prior guidance to exit all of interiors with aggregate neutral value impact to Visteon Transaction supports Visteon’s focus on core growth businesses: thermal management … Read more

Transaction supports Visteon’s focus on core growth automotive businesses: cockpit electronics and thermal energy management VAN BUREN TOWNSHIP, MI, November 3, 2014 — Visteon Corporation (NYSE: VC) has completed the first and largest phase of the sale of its remaining automotive interiors business to Reydel Automotive Holdings B.V., an affiliate of Cerberus Capital Management, L.P. … Read more

NASDAQ – Listed Public Company to be Re‐Named Blue Bird Corporation and Managed by Blue Bird’s Existing Management Team HOUSTON, TX AND FORT VALLEY, GA, September 22, 2014 — Hennessy Capital Acquisition Corp. (NASDAQ: HCAC, HCACU, HCACW) (“HCAC”) today announced it has entered into a definitive purchase agreement to acquire all of the outstanding capital … Read more

LONDON, July 28, 2014 — National Australia Bank (NAB) has agreed to the sale of a £625 million parcel of largely non-performing loans from its UK Commercial Real Estate (CRE) portfolio to an affiliate of Cerberus Global Investors (Cerberus). The transaction is a substantial de-risking of the portfolio, reducing the gross loans balance of the … Read more