apollo-global
SunEdison creditors launch lawsuit against lenders in bankruptcy battle
October 21, 2016 by publisher · Leave a Comment
By Jessica DiNapoli NEW YORK (Reuters) – A group of SunEdison Inc lenders took control of the renewable energy developer after inking a “sweetheart deal” to try to save their investment as the company approached bankruptcy, hurting other creditors, according to a lawsuit filed late Thursday in U.S. bankruptcy court. SunEdison transferred “hundreds of millions of dollars” to the lenders, which included buyout firms Apollo Global Management LLC…
The rest is here:
SunEdison creditors launch lawsuit against lenders in bankruptcy battle
apollo-global
Caesars investors weigh impact of harsh examiner report
March 17, 2016 by publisher · Leave a Comment
An examiner's report on Tuesday found Caesars and its private equity backers could be on the hook for their efforts to keep the struggling casino empire afloat, which ended with last year's bankruptcy of Caesars' operating unit, CEOC. Examiner Richard Davis and an army of lawyers investigated claims …
More here:
Caesars investors weigh impact of harsh examiner report
apollo-global
Apollo Global’s ADT deal shows appetite for M&As still strong
February 16, 2016 by admin · Leave a Comment
(Reuters) – Private equity firm Apollo Global Management LLC will buy ADT Corp in the biggest leveraged buyout so far this year to create a business with nearly a third of North America's electronic security products market.
See more here:
Apollo Global’s ADT deal shows appetite for M&As still strong