Global leveraged buyouts
reached $154 billion in the first seven months of 2018, up 15 percent from the same period last year but still below the $464 billion in the first seven months of 2007, according to Thomson Reuters Deals Intelligence.
(formerly known as Kohlberg Kravis Roberts & Co.) is an American multinational private-equity firm specializing in leveraged buyouts
and headquartered in New York.
Another factor likely to dampen any desire for leveraged buyouts
is the absence of corporate raiders on the current business scene.
That principle is what drives leveraged buyouts
. If you buy companies by borrowing money, you can make a lot of money.
Unlike leveraged buyouts
, management buyouts or tender offers, ordinary company deregistrations are not heavily litigated.
The Democratic appointee from the Reagan administration is chosen for her skill in handling hostile takeovers, leveraged buyouts
, and other activities of corporate raiders--a hot issue during the '80s.
Hamachek takes the reader not only into the inner workings of a medium-sized brewery, but also into the world of leveraged buyouts
and corporate inner workings.
MADRID Leveraged buyouts
, rejected mergers, rejigged business plans: pay TV is suddenly boiling in Spain.
Over the past 20 years, McGonagle has been responsible for a broad range of private equity and corporate finance transactions including public and private securities offerings, leveraged buyouts
, and large scale capital investment initiatives.
Bain Capital is a bit unique because it is not focused exclusively on leveraged buyouts
. Instead, its interest in GNC may tie into its 40% stake in Nutraceutical International.
Japan's zero-interest-rate policy also gives an additional incentive for leveraged buyouts
And, if they are used to finance leveraged buyouts
, they might also enable energetic, hard-working managers to buy out the present lazy, unimaginative owners, sell off under-performing assets and generally get the lead out.
In phase one of the suggested demerger, units like Burger King, Guinness and UDV would be spun off through leveraged buyouts
or sales to others.
For most people, hostile takeovers, junk bonds and ESOP leveraged buyouts
(see the sidebar on page 53) seem largely a relic of another age.