Apollo news from FierceFinance
News
Deal gone bad: Huntsman's big bet tanks
Seems like there's a story to every deal that has gone bad in this credit crunch, with most ending in anger and a flurry of suits. About a year ago, Hexion, a company controlled by private equity Read more...
Another busted private equity deal
Jon Huntsman, founder of chemical company Huntsman, is vowing to make Leon Black, of private equity firm Apollo, pay for backing out of a deal to buy Huntsman for $6.5 billion. Some thought the Read more...
Private equity IPOs faring well
Most of us could use a bit of good news. How's this? According to Financial News Online, private equity backed initial public offerings have fared well over the past five years. In fact, they Read more...
What's up at CalPERS?
When Fred Buenrostro, CEO of the California Public Employees' Retirement System, said he would step down after more than six years, he joined some other top executives in leaving the giant pension. Read more...
Economy hitting portfolio companies of big private equity firms
As if private equity firms didn't have enough problems. Investment Dealers' Digest suggests that the rocky economy may be a Read more...
Can Citigroup sell $12 billion in leveraged loans?
Citigroup's strategy for selling of $12 billion in leveraged loans--crucial to its efforts to clean up its balance sheet--features an Read more...
ALSO NOTED: Analyst: Morgan Stanley holds the most risk; Creative financing at Lehman Brothers?; and much more...
Company News: > Morgan Stanley lands underwriting deal in Saudi Arabia. Article > Apollo struggles Read more...
ALSO NOTED: Shorts getting squeezed on Lehman Brothers stock; Morgan Stanley sells Outsourced Trading; and much more...
Company News: > Morgan Stanley sells Outsourced Trading. Article > Wells Fargo boosts credit line for SunPower. Read more...