Posts Tagged ‘Private equity’
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NXP Juggles Debt

NXP is to sell $500 million worth of unsecured senior notes paying interest of 3.5% and due for repayment in 2016 and use the proceeds to pay down existing debt due for repayment in 2018 which carries interest of 9.75…

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Ed’s Auto Oil Foiled

‘So far my efforts to add value to the company by forming technological partnerships with industry leaders have not borne fruit,’ Ed confides to his diary, ‘but I’ve got a humdinger of an meeting tomorrow with the CEO of Europe’s largest automobile company. If I can bag up…

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Renesas Gets Real

Renesas is slimming down, focussing and increasingly looking to foundries after last year’s narrow escape from the clutches of private equity…

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Ed Eyes Up EC Funding

‘’The Brats are up to their old tricks,’ Ed tells his diary, referring to the 20-something year-old, super-sharpies who monitor his company  for  its private equity owners…

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Ed Goes East

‘The Brats are on the phone again today banging on about our assembly and test costs,’ Ed’s diary reads, referring to the 20-something year-old, super-sharpies employed by his company’s private equity owners to monitor his performance…

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NXP Juggles Debt

Six and a half years after being taken over by a private equity consortium led by KKR, NXP is still juggling its debt…

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Blackstone Ditches Dell

Blackstone has pulled out of its bid for Dell. In a letter to Dell  management the consortium led by the private equity company states…

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NXP’s PE Owners Selling More Shares.

Six and a half years after their ill-fated purchase of NXP, it seems the private equity consortium led by KKR which bought the company is trying to sneak out through the back door by selling tranches of shares…

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Ed Hangs The Director Of BioTech Solutions Out To Dry

‘Now I have a highly agitated Director of BioTech Solutions pestering me night and day,’ Ed confides to his diary, ‘he’s obviously got a guilty conscience about shipping those bio-chip – lab-on-a-chip products- without completing lifetime testing and now he wants me to take the blame…

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Ed Enters The Antique Business

‘The Brats ring up with another of their wheezes,” Ed confides to his diary, referring to the 20-something year-old super-sharpies who monitor his company for its private equity owners…

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Rum Deal

Rum old deal this Dell thing.

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Freescale Still Firing People; High Inventory; Low Utilisation.

Over six years after being taken over by a private equity company, Freescale is still firing people. Freescale intends to take $100 million worth of charges for sacking people in the course of this year. For Q4 it took a $40 million charge for severance payments…

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