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LONDON, June 4, 2014 — Lloyds Banking Group plc (the Group) announces today that it has agreed the sale of a portfolio of UK commercial real estate loans (the Portfolio) to Promontoria Holding 109 B.V., which is an affiliate of Cerberus Global Investors, for a cash consideration of £352 million. The transaction is part of … Read more

Cerberus Capital Management named as purchaser of Project Eagle loan portfolio, subject to contract LONDON, 4 April 2014 – Based on the recommendation of its adviser, Lazard, the National Asset Management Agency (NAMA) has today announced the sale, subject to contract, of the Project Eagle portfolio of loans to affiliates of Cerberus Capital Management, L.P. … Read more

Safeway Shareholders Expected to Receive Total Value Estimated at $40 Per Share Cash of $32.50 per share, plus other contingent consideration with an estimated value of $3.65 per share; Blackhawk shares with a recent value of $3.95 per Safeway share to be distributed in a separate transaction to Safeway shareholders in mid-April PLEASANTON, CA and … Read more

Cerberus Acquires Two German Retail Property Portfolios out of Receivership ACREST Property Group Engaged for Asset Management and Property Development of the Portfolios FRANKFURT and LONDON, July 22, 2013 — Affiliates of Cerberus Capital Management, L.P. (“Cerberus”) have acquired two portfolios of German real estate properties. An affiliate of Cerberus has entered into definitive agreements … Read more

The New Company, Bowlmor AMF, is the Largest Operator of Bowling Centers in the World NEW YORK, July 1, 2013 — AMF Bowling Worldwide, Inc. and certain of its affiliates (“AMF”) and Strike Holdings LLC (known as “Bowlmor”), today announced the completion of their merger. The new company, known as Bowlmor AMF, is the largest … Read more

NEW YORK, June 21, 2013 — An affiliate of Cerberus Capital Management, L.P., one of the world’s leading private investment firms, has completed the sale of North American Bus Industries, Inc. (“NABI”), the manufacturer of the world’s widest range of transit buses, to New Flyer, the leading manufacturer of heavy-duty buses in the U.S. and … Read more

Tender Offer to Be Conducted for up to 30 Percent of SUPERVALU Shares at $4.00 Per Share Grocery Retail Veteran Sam Duncan to Be Named SUPERVALU President and CEO Bob Miller to Be Appointed Non-Executive Chairman of the Board MINNEAPOLIS, January 10, 2013 — SUPERVALU Inc. (SVU) announced today a definitive agreement under which it … Read more

Investment supports continuity in management and strategy for 1,100-strong pub group Admiral Taverns (“Admiral”), the tenanted pub group, today announced that it has been acquired by an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), one of the world’s leading private investment firms, from Lloyds Banking Group. Process marks the next phase following a three-year transformation … Read more