Northern Rock Bosses Fight Back
Story date: 2007-10-08 12:08:00
Added on: 2007-10-08 00:43:03
Ananova - At the same time, American buyout firms Cerberus and JC Flowers are pushing ahead with separate plans to table bids for struggling mortgage lender. It is hoped that will "send a powerful signal" that the UK's fifth-largest mortgage lender is on a more ...
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UPDATE 3-JC Flowers, Cerberus circle Northern Rock - sources
Reuters - JC Flowers, founded by former Goldman Sachs banker Chris Flowers, has secured more than 15 billion pounds ($30.6 billion) that...
2007-10-03 09:32:00 -
Flowers-Led Group Offers $1.8 Bln for Shinsei Stake (Update2)
Bloomberg - Flowers, 50, is also in talks to purchase Northern Rock Plc, the U.K. mortgage lender that was bailed out in...
2007-11-18 03:59:00 -
Flowers Group Offers $1.8 Billion for Shinsei Stake (Update5)
Bloomberg - Flowers is also in talks to buy Northern Rock Plc, the U.K. mortgage lender that was bailed out in September...
2007-11-20 12:04:00 -
Northern Rock Shares Rebound
CNBC - LONDON - Shares in Northern Rock PLC rebounded Tuesday on reports that two private equity firms are due to meet...
2007-10-02 10:02:00 -
Flowers Sallie Mae Failure Proves He's No Schwarzman (Update1)
Bloomberg - Even as Flowers considers a bid for U.K. mortgage lender Northern Rock Plc, his ... The Flowers group isn't the...
2007-10-22 03:33:00 -
Cerberus plans to merge Rock with US mortgage unit ResCap (Independent)
Cerberus, one of the private equity firms bidding for Northern Rock, is planning to merge the UK lender with its ailing US...
2007-11-21 05:15:28 -
United Rentals, Cerberus Agree to $100 Million Fee (Update2)
Bloomberg - ... New York- based Cerberus's RAM Holdings unit was attempting to use the turmoil in U.S. credit markets from...
2007-12-24 11:41:00 -
United Rentals Can't Force $4 Billion Cerberus Buyout (Update2)
Bloomberg - ... New York-based Cerberus's RAM Holdings unit was attempting to use the turmoil in U.S. credit markets from subprime...
2007-12-21 02:22:00
