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TXU news from FierceFinance

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Blackstone Group continues to ail in crisis

Way back when, it seemed that The Blackstone Group got the best of rival Kohlberg Kravis Roberts when it managed to go public first. That was a year and a half ago. KKR of course still hasn't gone... Read more...

Carlyle to pay more attention to social issues

When the private equity industry is taking its lumps, it's a good time to work on image. Financial News Online reports that the... Read more...

More problems for KKR Financial

The news continues to get worse for KKR Financial Holdings. It... Read more...

Environmentalists vs. Blackstone Group

Remember the many steps Kohlberg Kravis Roberts took to appease environmentalists that had issues with its plans for TXU? (See next item). Well, a... Read more...

The KKR-TXU deal in retrospect

The Blackstone Group may want to pay attention to this: Kohlberg Kravis Robert's ability to ink the TXU deal, in the worst of times, stems in large part from its ability to work with the many... Read more...

Buffett to the rescue of TXU?

Good news for the banks that ended up holding $11 billion in bridge loans used to finance Kohlberg Kravis Robert's deal for TXU. Fortune notes Warren Buffett has apparently invested nearly $4 billion... Read more...

TXU deal closes without fanfare

A lot of people were looking to TXU as kind of a Sallie Mae or First Data-type bellwether for the larger deal environment. If that is true, things are looking up. The deal has closed, without any... Read more...

Backlog of loans to clear soon?

The backlog of leveraged loans dipped below $300 billion recently. Most think it will go even lower this month, as $125 billion come to market. As long as the terms are right, there is fairly strong... Read more...

ALSO NOTED: Merrill lowers estimates regional banks; TXU deal--and role of Franklin--still in spotlight; and much more...

Company News:> Thornburg successfully sells ARN-backed debt. Article > HSBC takes stake in Korea bank. Read more...

The meaning of the First Data battle

The news that Kohlberg Kravis Roberts has summoned top bankers from the likes of Goldman Sachs and Citigroup to talk about First Data is not a surprise. We've said it all along, Read more...