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Tag: buyouts

Going Bankrupt in the Name of Efficiency

Two new books offer harsh assessments of private equity firms that specializes in buying up companies only to saddle them with debt and squeeze...

Voyager to Enable Customer Withdrawals This Month

In a respite to Voyager Digital customers, the cryptocurrency brokerage is reportedly gearing up to reopen its app, which will enable the withdrawal...

PE Value Drivers #18, Unique Perspective from Brit Yonge – Corsair Capital

Welcome to the latest episode of “PE Value Drivers”!Brit Yonge is an operating partner at Corsair Capital, where he supports investment diligence and portfolio...

Sentinel Sells ECM Industries to nVent Electric

Sentinel Capital Partners has sold ECM Industries to nVent Electric for $1.1 billion. Sentinel acquired ECM in February 2020. ECM is a manufacturer and supplier...

Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’

The market for loans from non-bank firms like Apollo and Blackstone is booming. A crisis in regional lenders could accelerate it. Whipsaw trading in...

Stellantis Shrinking US Workforce, Offers Buyouts To 33K Employees: Report

In a move to make reductions to its US workforce, Stellantis is reportedly offering voluntary severance packages to 33,500 employees. Details of the package...

GM Avoids Layoffs Thanks To 5,000 Employees Taking Voluntary Buyouts

Listen to this article The transition from internal combustion engines and battery-electric vehicles will force automakers to reprioritize their resources,...

Reducing complexity: a key driver for competition in UK banking? (Simon Kent)

After the confidence crisis caused by the failures of Silicon Valley Bank (SVB) and then, stunningly, Credit Suisse this month, one key change for...

The Top 25 Largest Private Equity Firms in the World

Did you know that about half of all daily newspapers in the country are owned by private equity firms or hedge funds? You’ve probably heard...

Even after layoffs, 3 in 4 mortgage lenders lost money in Q4 2022

Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan,...

Bloomberg Declares “Peak ICE” Just As GM Offers Buyouts To Salaried Employees

In an email to CleanTechnica on March 9, Colin McKerracher of Bloomberg New Energy Finance offered this startling observation: “There are growing signs...

GM initiates ‘Voluntary Separation Program’ offering buyouts to employees

By Maria Merano Posted on March 9, 2023 ...

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