Topic: Private Equity Firms
Extended Stay accepts offer from Starwood Capital
AP News
Extended Stay Hotels accepts investment offer from group led by Starwood CapitalExtended Stay Hotels Inc. has decided to take an investment offer worth up to $905 million from a group led by Starwood Capital Group in order to exit bankruptcy, abandoning an earlier proposal from Centerbridge Partners and Paulson & ...
Calvin Klein owner buys Tommy Hilfiger brand
AFP Global Edition
The company behind Calvin Klein has bought fellow US fashion brand Tommy Hilfiger for 2.2 billion euros (3.0 billion dollars), Hilfiger's current owner said in a statement on Monday. "Funds advised by Apax Partners today announced a definitive agreement to sell Tommy Hilfiger Group ... to Phillips-Van Heusen ...
Warner and KKR consider EMI break-up bid: report
AFP Global Edition
US firm Warner Music has joined forces with private equity giant KKR to consider a bid for British music company EMI, which would break the company up, a newspaper reported Sunday. Warner and the private equity firm met in recent weeks to discuss the bid for EMI, which has been ...
KKR and Warner Music eye break-up bid for EMI: report
Reuters US Online Report Business News
LONDON (Reuters) - Private equity firm KKR <KKR.UL> and U.S. music company Warner Music Group <WMG.N> are in talks to launch a break-up bid for Warner's indebted British rival EMI <LNDONE.UL>, reported the Sunday Times. The paper said KKR is ...
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