Besides a name, what connects property mogul Sam Zell and former US Senator Zell Miller? How about a fierce streak of individualism, Pat Buchanan and the co-founders of one of the biggest private equity firms in the world?
1 min read · 22 January 2013
The battle to secure the largest leveraged buyout ever continues as Vornado’s revised counter-bid for Equity Office tops Blackstone’s offer by $2 a share.
2 min read · 22 January 2013
Dubai International Capital has withdrawn its proposed £450 million bid for Liverpool, English football’s most successful club side, after the board failed to agree to the terms of its buyout offer.
2 min read · 22 January 2013
The DLJ spinout has made plans to add to its long list of media-related investments with an agreement to purchase Minneapolis, Minnesota’s Star Tribune.
2 min read · 22 January 2013
The Private Equity Council will be based in Washington DC and led by Douglas Lowenstein, currently the head of the video game industry association.
2 min read · 22 January 2013
After months of negotiation, the board of the gaming company has agreed to a sweetened offer from the two private equity firms.
2 min read · 22 January 2013
In the same week, the New York private equity firm has acquired $74m in Boston properties and closed a net-lease fund on $160m.
1 min read · 22 January 2013
New York-based Apollo and Indian investment group SUN have closed a $630m fund focused on the Indian property sector.
1 min read · 22 January 2013
Private equity investors contributed to a €26bn splurge of retail property purchasing in Europe last year as research shows activity was up 77 percent on 2005.
2 min read · 22 January 2013
The real estate arm of global investment bank Morgan Stanley has acquired CNL Hotels and Resorts, the second-largest hospitality REIT in the US, for $6.6bn.
1 min read · 22 January 2013
