by Tim Delaney | Feb 2, 2015
On January 8 Tesco announced more details of its plan to improve its competitive position in the UK, revive its profitability, and bolster its finances. It’s going to cut prices on popular brands, trim £250 million in operating costs, limit capital spending, stop the...
by fintrain | Apr 10, 2014
Private Equity Funds often target companies with strong brand names in mature industries. These companies often have strong, stable cash flows, which can be used to repay the acquisition debt. Two transactions, both announced in February 2013, demonstrate this...
by Ron Carleton | Apr 27, 2013
99 Cents Only Stores operates a chain of over 300 “extreme value retail stores” in California, Texas, Arizona and Nevada.The company was founded in 1982, and in January 2012 it was taken private by Los Angeles private equity firm Ares Management and the Canada Pension...
by Tim Delaney | Apr 14, 2013
Suntech isn’t who we think it is The company known as Suntech isn’t simply Suntech at all. It’s a group of 41 different holding companies, intermediate holding companies, and operating subsidiaries tied together by common ownership. Suntech Power Holdings...
by Tim Delaney | Jun 23, 2012
The shipping industry is in rough waters lately. In many categories, global capacity exceeds demand, and shipping rates and ship values have sunk to near-abyssal lows. Take the VLCC (“very large capacity carrier”) tanker business, for example. Back in 2005...