E-PaperCerberus Capital News
Hinduja eyes tie-up with Cerberus Capital to invest in Yes Bank
The talks are at a preliminary stage and a potential deal could see participation from other investorsYes Bank’s non-performing assets have swelled in the past few quarters
2 min read20 Feb 2020Altico in talks with Cerberus, Apollo, others to raise funds
NBFC to use a portion of the funds to pay back lenders, rest for project completionAltico tells its lenders that as part of a resolution plan, it is in talks to sell some assets
2 min read30 Sep 2019Abraaj buy to give Cerberus Capital a foothold in India
Cerberus, a key distressed asset investor with over $50 billion of assets under management, is keen to setupa distressed assets and private equity business in India
2 min read12 Jul 2018New investors scout for options in stressed assets
US's Cerberus Capital Management, Hong Kong's Pacific Alliance Group among firms looking at opportunities in Indian stressed assets space
2 min read5 Sep 2017Safeway agrees to be bought by Cerberus’s Albertsons chain
Safeway investors will receive about $40 a share, consisting of $32.50 a share in cash, plus other considerations in Blackhawk
2 min read7 Mar 2014BlackBerry bidder Fairfax said to be short on funding as deadline looms
Fairfax's advisers, Bank of America and Bank of Montreal, have been rebuffed by other lenders they contacted to help finance a bid
4 min read2 Nov 20133i Infotech sells billing, payments unit for $137 mn
3i Infotech sells billing, payments unit for $137 mn
1 min read16 May 2011Chrysler creditors seek approval to sue Daimler
Chrysler creditors seek approval to sue Daimler
1 min read5 Aug 2009Hedge funds restricting withdrawals a mistake
Hedge funds restricting withdrawals a mistake
4 min read6 Jan 2009Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared